The typical asking rate per listing is in the $20's per square foot per year. The Northdale submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 15% decrease in rent.
In the last 90 days, 6 listings have been made available, which means spaces most likley are 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.
Even though the median size is 2,530 sqft, there are still 0 leases 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 area. 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.