On average, listings lease in the $10's per square foot per year. The East York region is seeing a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 25% decline in rent.
In the last 90 days, 9 listings have been listed, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. 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 1,780 sqft. Most buildings in this market are around 2 stories. Most buildings in this area were built in 1985 and are Class B.