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451 Phillip St 1,768 - 29,285 SF of Space Available in Waterloo, ON N2L 3X2

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Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor, Ste 170
  • 2,924 SF
  • Negotiable
  • $10.75 USD/SF/YR $0.90 USD/SF/MO $31,420 USD/YR $2,618 USD/MO
  • Retail
  • Full Build-Out
  • 30 Days

2,924 SF of built-out and finished retail space with patio. Former coffee shop/ cafe with dedicated entrance.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Fits 8 - 24 People
  • High Ceilings
  • Fully Built-Out as Standard Retail Space
  • Space is in Excellent Condition
  • Dedicated exterior entrance/exit
Space Size Term Rental Rate Space Use Condition Available
1st Floor, Ste 170 2,924 SF Negotiable $10.75 USD/SF/YR $0.90 USD/SF/MO $31,420 USD/YR $2,618 USD/MO Retail Full Build-Out 30 Days

1st Floor, Ste 170

Size
2,924 SF
Term
Negotiable
Rental Rate
$10.75 USD/SF/YR $0.90 USD/SF/MO $31,420 USD/YR $2,618 USD/MO
Space Use
Retail
Condition
Full Build-Out
Available
30 Days
Spaces are matched based on search filters: space use, price, and size
  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor, Ste 125
  • 1,768 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Full Build-Out
  • Now

1,768 SF of built-out and finished retail space with kitchen. Former juice/sandwich bar with dedicated entrance.

  • Fully Built-Out as Standard Office
  • Polished concrete floors
  • Space is in Excellent Condition
  • Dedicated exterior entrance/exit
  • 1st Floor, Ste 150
  • 19,815 SF
  • 1-10 Years
  • $16.12 USD/SF/YR $1.34 USD/SF/MO $319,386 USD/YR $26,616 USD/MO
  • Office
  • Full Build-Out
  • Now

19,815 SF of fully furnished office space at Factory Square built out to very high level of quality an available April 2025. The thoughtfully designed layout features a balance of private offices, meeting rooms, a modern kitchen and an open office environment with high exposed ceilings .The fully equipped server room includes existing racks, UPS system, and Liebert units. Additionally, the building is sup ported by four large backup gas-fired generators. Previously outfitted with a drive-in loading door, the option to reinstate this feature offers flexibility for groups in the high tech manufacturing space. Conveniently located near the University of Waterloo, Factory Square provides immediate access to the LRT station (150M) and ample drive-up onsite parking.

  • Rate includes utilities, building services and property expenses
  • Mostly Open Floor Plan Layout
  • 2 Conference Rooms
  • Space is in Excellent Condition
  • Fully Built-Out as Standard Office
  • 20 Private Offices
  • 283 Workstations
  • 1st Floor, Ste 160
  • 4,778 SF
  • Negotiable
  • $10.75 USD/SF/YR $0.90 USD/SF/MO $51,342 USD/YR $4,279 USD/MO
  • Office
  • Full Build-Out
  • 30 Days

4,778 SF of main level, open floor plan at Factory Square Campus. Existing 16’ x 10’ loading door, 1 external entrance as well as 2 interior entrances. Can be built-out to suit tenant.

  • Lease rate does not include utilities, property expenses or building services
  • Mostly Open Floor Plan Layout
  • Open to many space uses
  • Fully Built-Out as Standard Office
  • Advanced Tech Space
  • 1st Floor, Ste 170
  • 2,924 SF
  • Negotiable
  • $10.75 USD/SF/YR $0.90 USD/SF/MO $31,420 USD/YR $2,618 USD/MO
  • Retail
  • Full Build-Out
  • 30 Days

2,924 SF of built-out and finished retail space with patio. Former coffee shop/ cafe with dedicated entrance.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Fits 8 - 24 People
  • High Ceilings
  • Fully Built-Out as Standard Retail Space
  • Space is in Excellent Condition
  • Dedicated exterior entrance/exit
Space Size Term Rental Rate Space Use Condition Available
1st Floor, Ste 125 1,768 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office Full Build-Out Now
1st Floor, Ste 150 19,815 SF 1-10 Years $16.12 USD/SF/YR $1.34 USD/SF/MO $319,386 USD/YR $26,616 USD/MO Office Full Build-Out Now
1st Floor, Ste 160 4,778 SF Negotiable $10.75 USD/SF/YR $0.90 USD/SF/MO $51,342 USD/YR $4,279 USD/MO Office Full Build-Out 30 Days
1st Floor, Ste 170 2,924 SF Negotiable $10.75 USD/SF/YR $0.90 USD/SF/MO $31,420 USD/YR $2,618 USD/MO Retail Full Build-Out 30 Days

1st Floor, Ste 125

Size
1,768 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor, Ste 150

Size
19,815 SF
Term
1-10 Years
Rental Rate
$16.12 USD/SF/YR $1.34 USD/SF/MO $319,386 USD/YR $26,616 USD/MO
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor, Ste 160

Size
4,778 SF
Term
Negotiable
Rental Rate
$10.75 USD/SF/YR $0.90 USD/SF/MO $51,342 USD/YR $4,279 USD/MO
Space Use
Office
Condition
Full Build-Out
Available
30 Days

1st Floor, Ste 170

Size
2,924 SF
Term
Negotiable
Rental Rate
$10.75 USD/SF/YR $0.90 USD/SF/MO $31,420 USD/YR $2,618 USD/MO
Space Use
Retail
Condition
Full Build-Out
Available
30 Days

1st Floor, Ste 125

Size 1,768 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Condition Full Build-Out
Available Now

1,768 SF of built-out and finished retail space with kitchen. Former juice/sandwich bar with dedicated entrance.

  • Fully Built-Out as Standard Office
  • Space is in Excellent Condition
  • Polished concrete floors
  • Dedicated exterior entrance/exit

1st Floor, Ste 150

Size 19,815 SF
Term 1-10 Years
Rental Rate $16.12 USD/SF/YR
Space Use Office
Condition Full Build-Out
Available Now

19,815 SF of fully furnished office space at Factory Square built out to very high level of quality an available April 2025. The thoughtfully designed layout features a balance of private offices, meeting rooms, a modern kitchen and an open office environment with high exposed ceilings .The fully equipped server room includes existing racks, UPS system, and Liebert units. Additionally, the building is sup ported by four large backup gas-fired generators. Previously outfitted with a drive-in loading door, the option to reinstate this feature offers flexibility for groups in the high tech manufacturing space. Conveniently located near the University of Waterloo, Factory Square provides immediate access to the LRT station (150M) and ample drive-up onsite parking.

  • Rate includes utilities, building services and property expenses
  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • 20 Private Offices
  • 2 Conference Rooms
  • 283 Workstations
  • Space is in Excellent Condition

1st Floor, Ste 160

Size 4,778 SF
Term Negotiable
Rental Rate $10.75 USD/SF/YR
Space Use Office
Condition Full Build-Out
Available 30 Days

4,778 SF of main level, open floor plan at Factory Square Campus. Existing 16’ x 10’ loading door, 1 external entrance as well as 2 interior entrances. Can be built-out to suit tenant.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • Advanced Tech Space
  • Open to many space uses

1st Floor, Ste 170

Size 2,924 SF
Term Negotiable
Rental Rate $10.75 USD/SF/YR
Space Use Retail
Condition Full Build-Out
Available 30 Days

2,924 SF of built-out and finished retail space with patio. Former coffee shop/ cafe with dedicated entrance.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Fits 8 - 24 People
  • Dedicated exterior entrance/exit
  • High Ceilings

PROPERTY OVERVIEW

Be a part of Factory Square Campus, the focal point of Waterloo’s new innovation hub

  • LEED Certified - Silver
  • Air Conditioning

PROPERTY FACTS

Building Type
Office
Year Built/Renovated
1970/2017
Building Height
1 Story
Building Size
224,226 SF
Building Class
B
Typical Floor Size
224,226 SF
Parking
500 Surface Parking Spaces
Covered Parking

SELECT TENANTS

  • FLOOR
  • TENANT NAME
  • INDUSTRY
  • 1st
  • Auvik
  • Professional, Scientific, and Technical Services
  • 1st
  • Esentire Inc
  • Professional, Scientific, and Technical Services
  • 1st
  • Matter of Taste Coffee Bar
  • Retailer
  • 1st
  • McAfee
  • Professional, Scientific, and Technical Services
Bike Score®
Biker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 19594662

  • Date on Market: 11/11/2025

  • Last Updated:

  • Address: 451 Phillip St, Waterloo, ON N2L 3X2

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