Most listings are in the $20's per square foot per year. The Downtown Waterloo region is going through a a rise in rates. In the last 3 months, the median rate increased $21 per sqft per year.
In the last 90 days, 6 listings have been made available, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 50% of the listings in the Downtown 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,800 sqft. Most buildings in this region are around 1 stories. Most buildings in this region were built in 1957 and are Class C.
A large portion of this region is residential, but there's plenty of office_space. Professional services is the dominant industry in this area. Most of the residents of Downtown Waterloo work from home. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.