On average, listings lease in the $10's per square foot per year. The Waterloo region is experiencing a a boost in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 11% increase in rent.
In the last 90 days, 42 listings have come on the market, so you'll want to check back regularly for new listings. About 29% of the available leases in the Waterloo are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,100 sqft. Most buildings in this region are close to 1 stories. Most buildings in this area were built in 1975 and are Class A.