Commercial Properties for Lease in Waterloo

Explore commercial properties for lease in Waterloo including office space, industrial buildings, retail units, mixed-use developments, and commercial leasing opportunities across Waterloo Region.

Waterloo continues attracting technology companies, startups, professional businesses, retailers, and commercial tenants searching for office, industrial, retail, and mixed-use leasing opportunities throughout the region.

From innovation districts and university corridors to commercial centers and office developments, Waterloo remains one of Ontario’s strongest commercial leasing and technology markets.

Commercial Properties for Lease in Waterloo | Commercial Real Estate Waterloo

Commercial Properties for Lease in Waterloo | Commercial Real Estate Waterloo

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  • 735 BRIDGE STREET W in Waterloo: Office for lease : MLS®# X13684432

    735 BRIDGE STREET W Waterloo N2V 2H1
    Main Photo: 735 BRIDGE STREET W in Waterloo: Office for lease : MLS®# X13684432
    $10 /sqft
    Office
    Status:
    For Lease
    MLS® Num:
    X13684432
    Floor Area:
    8,500 sq. ft.
    Exceptional freestanding office building situated in one of Waterloo's most sought-after areas. This well-maintained property offers high-quality finishes, an efficient floor plan, and abundant natural light throughout. The main level provides approximately 2,800 sq. ft. of functional office space, while the full daylight basement adds an additional 6,000 sq. ft., including private offices and a large conference room. The building offers both indoor and surface parking for staff and visitors. Its bright, modern design is complemented by a prime location close to the expressway, shopping, recreation, and public transit, ensuring excellent accessibility. The property features low rent, low maintenance fees, and free utilities for the first year, making it an outstanding value opportunity. Rental Structure: If the entire building is leased: rent is calculated at $10 per sq. ft. based on the full area. If only the main level (2,800 sq. ft.) is leased: the basement may be excluded, and rent will be calculated solely on the leased portion at a different rate. (id:2493) More details
    Listed by RE/MAX REAL ESTATE CENTRE INC.
  • 330 PHILLIP Street Unit# 2 in Waterloo: Condo for lease : MLS®# 40848592

    330 PHILLIP Street Unit# 2 Waterloo N2L 3W9
    Main Photo: 330 PHILLIP Street Unit# 2 in Waterloo: Condo for lease : MLS®# 40848592
    $42 /sqft
    Retail
    Status:
    For Lease
    MLS® Num:
    40848592
    Build. Type:
    Retail
    Floor Area:
    1,332 sq. ft.
    Position your business for success at ICON, a premium ground-floor commercial condominium in the heart of Waterloo's Innovation District. Featuring excellent street presence, expansive storefront windows, and a modern, open-concept layout, this versatile space is ideal for retail, boutique services, wellness, professional offices, cafés (subject to approvals), and other customer-facing businesses. Benefit from strong pedestrian traffic generated by nearby residential towers, the University of Waterloo, Wilfrid Laurier University, and Waterloo's renowned tech hub. Conveniently located steps from the ION LRT and major transit routes, the property offers exceptional accessibility for both customers and staff. Surrounded by established businesses, restaurants, and a vibrant mixed-use community, this is a rare opportunity to lease a high-exposure commercial space in one of Waterloo's most dynamic and rapidly growing neighbourhoods. Don't miss the chance to elevate your business in this sought-after location. (id:2493) More details
    Listed by HOMELIFE LANDMARK REALTY INC
  • 333 ALBERT Street Unit# C2 in Waterloo: Retail for lease : MLS®# 40846395

    333 ALBERT Street Unit# C2 Waterloo N2L 0L1
    Main Photo: 333 ALBERT Street Unit# C2 in Waterloo: Retail for lease : MLS®# 40846395
    $25 /sqft
    Retail
    Status:
    For Lease
    MLS® Num:
    40846395
    Build. Type:
    Retail
    Floor Area:
    845 sq. ft.
    Position your business at 333 Albert Street, a brand-new mixed-use development in one of Waterloo’s fastest-growing corridors. Unit C2 offers 845 sq. ft. of ground-floor commercial space with strong street-level visibility and frontage in a high-density urban setting. The unit is available individually or may be combined with Units C1, C3, and C4 to provide up to 3,945 sq. ft. of contiguous commercial space. Utility rough-ins are already in place to help streamline the tenant fit-out. The space is well suited for retail, café, medical, professional office, wellness, personal service, and other permitted commercial uses. Nine exclusive on-site parking spaces are reserved strictly for customers. Employees may utilize municipal street parking within approximately one-hundred metres, helping preserve the on-site spaces for customers. The residential portion of the building is already 100% leased for September 1, 2026 occupancy, creating immediate built-in demand within the development. Hundreds of additional residential units are also coming online throughout the surrounding corridor in 2026 and 2027, bringing substantial new density, pedestrian activity, and consumer demand directly to the area. A new regional hospital is also planned for the nearby University of Waterloo campus, further strengthening long-term demand for food, medical, retail, wellness, and service-oriented businesses. With strong visibility, convenient access, surrounding amenities, and continued neighbourhood growth, Unit C2 provides a solid foundation for long-term business success. Commercial occupancy is available September 2026. (id:2493) More details
    Listed by CENTURY 21 HERITAGE HOUSE LTD.
  • 333 ALBERT Street Unit# C4 in Waterloo: Retail for lease : MLS®# 40846393

    333 ALBERT Street Unit# C4 Waterloo N2L 0L1
    Main Photo: 333 ALBERT Street Unit# C4 in Waterloo: Retail for lease : MLS®# 40846393
    $25 /sqft
    Retail
    Status:
    For Lease
    MLS® Num:
    40846393
    Build. Type:
    Retail
    Floor Area:
    746 sq. ft.
    Position your business at 333 Albert Street, a brand-new mixed-use development in one of Waterloo’s fastest-growing corridors. Unit C4 offers 746 sq. ft. of ground-floor commercial space with strong street exposure and a sleek modern façade in a prominent corner setting. The unit is available individually or may be combined with Units C1, C2, and C3 to provide up to 3,945 sq. ft. of contiguous commercial space. Utility rough-ins are already in place to help streamline the tenant fit-out. The space is well suited for retail, café, medical, professional office, wellness, personal service, and other permitted commercial uses. Nine exclusive on-site parking spaces are reserved strictly for customers. Employees may utilize municipal street parking within approximately one-hundred metres, helping preserve the on-site spaces for customers. The residential portion of the building is already 100% leased for September 1, 2026 occupancy, creating immediate built-in demand within the development. Hundreds of additional residential units are also coming online throughout the surrounding corridor in 2026 and 2027, bringing substantial new density, pedestrian activity, and consumer demand directly to the area. A new regional hospital is also planned for the nearby University of Waterloo campus, further strengthening long-term demand for food, medical, retail, wellness, and service-oriented businesses. With efficient sizing, strong visibility, flexible configuration, and continued neighbourhood growth, Unit C4 provides a solid foundation for long-term business success. Commercial occupancy is available September 2026. (id:2493) More details
    Listed by CENTURY 21 HERITAGE HOUSE LTD.
  • 333 ALBERT Street Unit# C3 in Waterloo: Retail for lease : MLS®# 40846387

    333 ALBERT Street Unit# C3 Waterloo N2L 0L1
    Main Photo: 333 ALBERT Street Unit# C3 in Waterloo: Retail for lease : MLS®# 40846387
    $25 /sqft
    Retail
    Status:
    For Lease
    MLS® Num:
    40846387
    Build. Type:
    Retail
    Floor Area:
    1,272 sq. ft.
    Position your business at 333 Albert Street, a brand-new mixed-use development in one of Waterloo’s fastest-growing corridors. Unit C3 is the largest individual unit, offering 1,272 sq. ft. of ground-floor commercial space with exceptional street presence and visibility in a prominent corner setting. The unit is available individually or may be combined with Units C1, C2, and C4 to provide up to 3,945 sq. ft. of contiguous commercial space. Utility rough-ins are already in place to help streamline the tenant fit-out. The space is well suited for retail, café, medical, professional office, wellness, personal service, and other permitted commercial uses. Nine exclusive on-site parking spaces are reserved strictly for customers. Employees may utilize municipal street parking within approximately one-hundred metres, helping preserve the on-site spaces for customers. The residential portion of the building is already 100% leased for September 1, 2026 occupancy, creating immediate built-in demand within the development. Hundreds of additional residential units are also coming online throughout the surrounding corridor in 2026 and 2027, bringing substantial new density, pedestrian activity, and consumer demand directly to the area. A new regional hospital is also planned for the nearby University of Waterloo campus, further strengthening long-term demand for food, medical, retail, wellness, and service-oriented businesses. With its larger footprint, strong visibility, flexible configuration, and continued neighbourhood growth, Unit C3 provides an excellent foundation for long-term business success. Commercial occupancy is available September 2026. (id:2493) More details
    Listed by CENTURY 21 HERITAGE HOUSE LTD.
  • 735 BRIDGE Street W in Waterloo: Office for lease : MLS®# 40800152

    735 BRIDGE Street W Waterloo N2V 2H1
    Main Photo: 735 BRIDGE Street W in Waterloo: Office for lease : MLS®# 40800152
    $10 /sqft
    Office
    Status:
    For Lease
    MLS® Num:
    40800152
    Floor Area:
    8,500 sq. ft.
    Exceptional freestanding office building located in one of Waterloo’s most desirable areas. This well-maintained property features high-quality finishes, an efficient layout, and abundant natural light throughout. The main level offers approximately 2,800 sq. ft. of functional office space, while the full daylight basement provides an additional 6,000 sq. ft., including private offices and a spacious conference room. Both indoor and surface parking are available for added convenience. This bright, modern building is ideally situated close to the expressway, shopping, recreation, and public transit, making it easily accessible for staff and clients. The property offers low rent, low maintenance fees, and free utilities for the first year—an excellent value opportunity. (id:2493) More details
    Listed by RE/MAX Real Estate Centre Inc.
  • 282 MARSLAND Drive Unit# 4-5 in Waterloo: Industrial for lease : MLS®# 40781553

    282 MARSLAND Drive Unit# 4-5 Waterloo N2J 3Z1
    Main Photo: 282 MARSLAND Drive Unit# 4-5 in Waterloo: Industrial for lease : MLS®# 40781553
    $10.95 /sqft
    Industrial
    Status:
    For Lease
    MLS® Num:
    40781553
    Build. Type:
    Other
    Floor Area:
    9,450 sq. ft.
    9,450 square feet available in a spacious industrial building, ideally situated within walking distance to Conestoga College and numerous nearby amenities. Just a short drive to Highway 85 and Uptown Waterloo, offering convenient access to major routes and city services. The space features shared loading docks, wide hallways, and a 16-foot clear height. Additional power can be provided if required. The landlord offers flexible build-to-suit options to accommodate tenant needs. Competitive rental rates in a highly accessible and desirable location. (id:2493) More details
    Listed by Re/Max Icon Realty
  • 375 UNIVERSITY Avenue E Unit# 204B in Waterloo: Office for lease : MLS®# 40777330

    375 UNIVERSITY Avenue E Unit# 204B Waterloo N2K 3M7
    Main Photo: 375 UNIVERSITY Avenue E Unit# 204B in Waterloo: Office for lease : MLS®# 40777330
    $18 /sqft
    Office
    Status:
    For Lease
    MLS® Num:
    40777330
    Floor Area:
    1,882 sq. ft.
    Second floor professional office space in a well known, award winning building. Located just seconds from Hwy 85, the high traffic intersection of University Avenue E. and Bridge Street W., sees over 40,000 vehicles daily. Join successful businesses such as Denomme Law, Rickert Financial, Geoff J. Hahn, Rödl & Partner LLP, Mirage Sugaring Studio, DM Valve, Techdot, Best Brains and Salon Destination. Ideal for medical office, professional office or personal services and many other uses. (id:2493) More details
    Listed by COLDWELL BANKER PETER BENNINGER REALTY
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Data was last updated August 24, 2026 at 05:15 AM (UTC)

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Waterloo Commercial Leasing FAQs

What types of commercial properties are available for lease in Waterloo?

Commercial leasing opportunities in Waterloo may include office space, industrial buildings, retail units, mixed-use developments, professional office space, and commercial leasing properties across Waterloo Region.

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Waterloo attracts commercial tenants due to its technology sector, university presence, startup ecosystem, expanding office market, and strong commercial development opportunities across the region.

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