The typical asking rate per listing is in the $0's per square foot per year. The Waterloo region is going through a decrease in rates. In the last 3 months, the median rate decreased $16 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 0 listings have been made available, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About NaN% of the available leases in the Waterloo are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 sqft. Most buildings in this area are approximately 2 stories.