On average, listings lease in the $20's per square foot per year. The Northdale submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $26 per sqft per year.
In the last 90 days, 6 listings have been posted online, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 17% of the listings in the Northdale 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 available, so finding a space for a small business might be tough.
Even though the median size is 2,590 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are close to 2 floors. 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.