Waterloo, ON Commercial Real Estate for Lease and Sale

Explore 33 listings of Waterloo commercial real estate to find the best space for your business.

560 Parkside Drive - Waterloo, ON

560 Parkside Drive, Conestoga, Waterloo, ON
Property

Industrial

83,999 SF
Availability Contact for availability

For Lease Contact for pricing
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405 Weber Street North - Waterloo, ON

405 Weber Street North, Columbia, Waterloo, ON
Property

Retail

5,274 SF
Availability Contact for availability

For Lease Contact for pricing
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550 Parkside Drive - Waterloo, ON

550 Parkside Drive, Conestoga, Waterloo, ON
Property

Industrial

124,021 SF
Availability

2 Spaces

7,680 SF
For Lease

$13.50 - $14.00/SF/YR
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Waterloo
Regus
180 Northfield Drive West Unit 4, 1st Floor, Waterloo, ON
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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What type of listing property are you looking for?

Office Coworking Retail Industrial

Office Industrial Land
50 Northland Road - Waterloo

50 Northland Road, Northland, Waterloo, ON
Property

Industrial

220,979 SF
Availability

1 Space

53,628 SF
For Lease

$9.95/SF/YR
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554 Parkside Drive - Waterloo, ON

554 Parkside Drive, Conestoga, Waterloo, ON
Property

Industrial

81,836 SF
Availability Contact for availability

For Lease Contact for pricing
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99 Randall Drive

99 Randall Drive, Conestoga, Waterloo, ON
Property

Office

22,552 SF
Availability

1 Space

22,552 SF
For Lease

$8.50/SF/YR
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10 Northland Road

10 Northland Road, Northland, Waterloo, ON
Property

VacantLand

2.1 Acre
For Sale

$5,500,000
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600 Laurelwood Drive

600 Laurelwood Drive, Laurelwood, Waterloo, ON
Property

Retail

3,287 SF
Availability

2 Spaces

3,287 SF
For Lease

$34.00/SF/YR
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440 Weber Street North

440 Weber Street North, Conestoga, Waterloo, ON
Property

Industrial

9,000 SF
For Sale

$6,950,000
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131 Bridgeport Road East

131 Bridgeport Road East, Lincoln Heights, Waterloo, ON
Property

VacantLand

0.61 Acre
For Sale Contact for pricing
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151 Frobisher Drive (Unit A104)

151 Frobisher Drive, Northland, Waterloo, ON
Property

Office

853 SF
For Sale

$329,000
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151 Frobisher Drive

151 Frobisher Drive, Northland, Waterloo, ON
Property

Office

2,070 SF
Availability

2 Spaces

2,070 SF
For Lease

$3,000.00/MO
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136 King Street North

136 King Street North, Uptown Waterloo, Waterloo, ON
Property

Office

6,827 SF
For Sale Contact for pricing
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460 Phillip Street

460 Phillip Street, Columbia, Waterloo, ON
Property

Office

2,991 SF
Availability

1 Space

2,991 SF
For Lease

$32.95/SF/YR
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115 Erb Street East

115 Erb Street E, Uptown Waterloo, Waterloo, ON
Property

Multi-Family

30,295 SF
For Sale

$4,600,000
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Waterloo Innovation Park - 611 Kumpf Drive

611 Kumpf Drive, Conestoga, Waterloo, ON
Property

Office

5,866 SF
Availability

1 Space

5,866 SF
For Lease Contact for pricing
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151 Frobisher Drive #B108

151 Frobisher Drive, Northland, Waterloo, ON
Property

Office

1,006 SF
For Sale

$399,999
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209 Frobisher Dr

209 Frobisher Dr, Northland, Waterloo, ON
Property

Office

38,730 SF
For Sale

$10,250,000
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615 Kumpf Drive

615 Kumpf Drive, Conestoga, Waterloo, ON
Property

Other

35,032 SF
Availability

1 Space

35,032 SF
For Lease Contact for pricing
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22 King Street South
Chameleon Business Centres
22 King Street South #300, Waterloo, ON
Services

Meeting Room

Private Office
Amenities

Business address

Directory listing

High-speed wifi

Mail services

Printer

Receptionist/Secretarial services

Storage area

TV/Monitor

White boards
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Northfield Centre

585 Weber Street North, Lakeshore North, Waterloo, ON
Property

Retail

672 SF
Availability

1 Space

672 SF
For Lease

$40.00/SF/YR
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325 Weber Street North

325 Weber Street North, Columbia, Waterloo, ON
Property

Industrial

1,600 SF
For Sale

$3,200,000
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551 Parkside Dr

551 Parkside Dr, Conestoga, Waterloo, ON
Property

Industrial

12,000 SF
For Sale

$3,650,000
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Waterloo Innovation Park - 609 Kumpf Drive

609 Kumpf Drive, Conestoga, Waterloo, ON
Property

Office

22,862 SF
Availability

2 Spaces

6,850 SF
For Lease Contact for pricing
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209 Frobisher Drive

209 Frobisher Drive, Northland, Waterloo, ON
Property

Office

38,730 SF
Availability

1 Space

38,730 SF
For Lease

$12.50/SF/YR
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255 Woolwich Street

255 Woolwich Street, Lexington, Waterloo, ON
Property

Retail

837 SF
Availability

1 Space

837 SF
For Lease

$25.00/SF/YR
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155 Frobisher Drive

155 Frobisher Drive, Northland, Waterloo, ON
Property

Office

4,512 SF
Availability

1 Space

4,512 SF
For Lease

$10.00/SF/YR
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Waterloo Town Square

75 King Street South, Uptown Waterloo, Waterloo, ON
Property

Retail

320,000 SF
Availability

1 Space

1,923 SF
For Lease

$30.00/SF/YR
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551 Parkside Drive

551 Parkside Drive, Conestoga, Waterloo, ON
Property

Industrial

12,000 SF
Availability

1 Space

12,000 SF
For Lease

$13.50/SF/YR
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490 Dutton Drive #B4

490 Dutton Dr, Conestoga, Waterloo, ON
Property

Industrial

1,878 SF
For Sale

$1,000,000
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50 Westmount Rd North

50 Westmount Rd N, Westmount, Waterloo, ON
Property

Office

197,740 SF
Availability

1 Space

197,740 SF
For Lease Contact for pricing
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2415 University Avenue East

2415 University Avenue East, Eastbridge, Waterloo, ON
Property

Office

37,753 SF
Availability

6 Spaces

19,167 SF
For Lease

$14.95/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Waterloo commercial real estate market incorporates 341,692 square feet of office space across 13 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Waterloo commercial real estate market includes 330,070 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Waterloo market, there is a total of 547,313 square feet of industrial property.

The listing inventory in Waterloo incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Waterloo is represented by Office space, which accounts for 298,408 square feet of available listings. Industrial space available in Waterloo adds up to 73,308 square feet.

Meanwhile, most of the listings of commercial property for sale in Waterloo are in the Industrial category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Waterloo is $13.2 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Waterloo can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Waterloo, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Waterloo is in the Conestoga neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Eastbridge area.

Meanwhile, retail space opportunities are most abundant in the Laurelwood submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Conestoga.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $14.95 per square foot. In particular, the property type commanding the highest lease rates in Waterloo was Office space.

The average size of a commercial property in Waterloo depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Waterloo, the average size of an office property is 31,063 square feet.
Retail properties here incorporate an average of 66,014 square feet.
Industrial space in Waterloo is in buildings that are, on average 60,813 square feet in size.

Waterloo, ON Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Waterloo currently add up to 415,537 square feet. The market offers 11 active office listing(s), which amount to 300,478 square feet and account for 50% of commercial spaces on the market. Local retail availability includes 6,719 square feet across 5 retail space(s). Industrial space for rent opportunities in Waterloo amount to 73,308 square feet across a total of 6 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	11	300,478
Retail	5	6,719
Industrial	6	73,308
Other	0	35,032

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Waterloo, ON. Currently, there is 102,192 square feet of commercial property for sale here , which includes 4 office building(s) for sale , and 4 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	4	47,416
Industrial	4	24,478
Other	3	30,298

Waterloo, ON Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Waterloo, ON?

What factors affect the price of commercial real estate in Waterloo, ON?

What is the average rent for commercial space in Waterloo, ON?

What are the best areas for commercial real estate in Waterloo, ON?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Waterloo, ON?

Waterloo, ON Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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