On average, listings lease in the $10's per square foot per year. The Thornhill submarket is going through a a rise in rates. In the last 3 months, the median rate increased $16 per sqft per year.
In the last 90 days, 8 listings have come on the market, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 1,610 sqft. Most properties in this region are approximately 1 floors. Most buildings in this market were built in 1998 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Most of the residents of Thornhill work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.