The typical asking rate per listing is in the $30's per square foot per year. The Northdale region is seeing a a boost in rates. In the last 3 months, the median rate rose $31 per sqft per year.
In the last 90 days, 7 listings have been made available, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 14% of the available leases in the Northdale are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,460 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this market 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 market. Commute by walking is the most popular way to get to work amongst Northdale occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.