Most listings are in the $0's per square foot per year. The Northdale region is experiencing a decline in rates. In the last 3 months, the median rate fell $24 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 2 listings have been posted online, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 100% of the office spaces in the Northdale are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 19,200 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this area were built in 1987 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Northdale residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.