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Park Highlights

  • 22,914 SF - 240,692 SF
  • Located in Waterloo's primary industrial node
  • Modern Design Build
  • Clear Height 28'
  • Proximity to Highway 85
  • Restaurant and amenities at your doorstep

Park Facts

Total Space Available 240,692 SF
Park Type Industrial Park

All Available Spaces(2)

Display Rental Rate as

Waterloo North Business Park
325 Northfield E dr
115,157 SF | $15.95 CAD/SF/YR $1.33 CAD/SF/MO $171.68 CAD/m²/YR $14.31 CAD/m²/MO $153,063 CAD/MO $1,836,754 CAD/YR | View Building Details
Building Type/Class
Industrial/B
Building Subtype
Distribution
Building Size
115,157 SF
Year Built
2026
Construction
Reinforced Concrete
Clear Height
28’
Drive In Bays
9
Dock Doors
22
Sprinkler System
ESFR
Zoning
E1-27 - Business Employment
  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 115,157 SF
  • 10 Years
  • $15.95 CAD/SF/YR $1.33 CAD/SF/MO $1,836,754 CAD/YR $153,063 CAD/MO
  • Industrial
  • Partial Build-Out
  • 2026-06-01

Construction underway on new industrial development! A new modern industrial building in a premier Waterloo location. Convenient access to Highway 85, with close proximity to a strong local labour pool and an amenity rich area. Differentiate your Waterloo business with a space that is both operationally efficient and appealing for both employee retention and attraction. Unit sizes from 23,211 SF - 125,535 SF with 3% office build-out allowance. Elevate your brand and welcome your company to the first new industrial building built in Waterloo in the last 20 years.

  • Lease rate does not include utilities, property expenses or building services
  • Natural Light
  • Space is in Excellent Condition
Space Size Term Rental Rate Space Use Condition Available
1st Floor 115,157 SF 10 Years $15.95 CAD/SF/YR $1.33 CAD/SF/MO $1,836,754 CAD/YR $153,063 CAD/MO Industrial Partial Build-Out 2026-06-01
Waterloo North Business Park
325 Northfield E dr
115,157 SF | $15.95 CAD/SF/YR $1.33 CAD/SF/MO $171.68 CAD/m²/YR $14.31 CAD/m²/MO $153,063 CAD/MO $1,836,754 CAD/YR | View Building Details
Building Type/Class
Industrial/B
Building Subtype
Distribution
Building Size
115,157 SF
Year Built
2026
Construction
Reinforced Concrete
Clear Height
28’
Drive In Bays
9
Dock Doors
22
Sprinkler System
ESFR
Zoning
E1-27 - Business Employment

325 Northfield E dr - 1st Floor

Size
115,157 SF
Term
10 Years
Rental Rate
$15.95 CAD/SF/YR $1.33 CAD/SF/MO $1,836,754 CAD/YR $153,063 CAD/MO
Space Use
Industrial
Condition
Partial Build-Out
Available
2026-06-01
Waterloo North Business Park
325 Northfield Drive East - Building B
125,535 SF | $15.95 CAD/SF/YR $1.33 CAD/SF/MO $171.68 CAD/m²/YR $14.31 CAD/m²/MO $166,857 CAD/MO $2,002,283 CAD/YR | View Building Details
Building Type/Class
Industrial/B
Building Subtype
Distribution
Building Size
125,535 SF
Lot Size
11.82 AC
Year Built
2026
Construction
Reinforced Concrete
Clear Height
28’
Drive In Bays
4
Dock Doors
31
Sprinkler System
ESFR
Zoning
E1-27 - Business Employment
  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 125,535 SF
  • 10 Years
  • $15.95 CAD/SF/YR $1.33 CAD/SF/MO $2,002,283 CAD/YR $166,857 CAD/MO
  • Industrial
  • -
  • 2027-06-01
  • Space is in Excellent Condition
Space Size Term Rental Rate Space Use Condition Available
1st Floor 125,535 SF 10 Years $15.95 CAD/SF/YR $1.33 CAD/SF/MO $2,002,283 CAD/YR $166,857 CAD/MO Industrial - 2027-06-01
Waterloo North Business Park
325 Northfield Drive East - Building B
125,535 SF | $15.95 CAD/SF/YR $1.33 CAD/SF/MO $171.68 CAD/m²/YR $14.31 CAD/m²/MO $166,857 CAD/MO $2,002,283 CAD/YR | View Building Details
Building Type/Class
Industrial/B
Building Subtype
Distribution
Building Size
125,535 SF
Lot Size
11.82 AC
Year Built
2026
Construction
Reinforced Concrete
Clear Height
28’
Drive In Bays
4
Dock Doors
31
Sprinkler System
ESFR
Zoning
E1-27 - Business Employment

325 Northfield Drive East - 1st Floor

Size
125,535 SF
Term
10 Years
Rental Rate
$15.95 CAD/SF/YR $1.33 CAD/SF/MO $2,002,283 CAD/YR $166,857 CAD/MO
Space Use
Industrial
Condition
-
Available
2027-06-01

325 Northfield E dr - 1st Floor

Size 115,157 SF
Term 10 Years
Rental Rate $15.95 CAD/SF/YR
Space Use Industrial
Condition Partial Build-Out
Available 2026-06-01

Construction underway on new industrial development! A new modern industrial building in a premier Waterloo location. Convenient access to Highway 85, with close proximity to a strong local labour pool and an amenity rich area. Differentiate your Waterloo business with a space that is both operationally efficient and appealing for both employee retention and attraction. Unit sizes from 23,211 SF - 125,535 SF with 3% office build-out allowance. Elevate your brand and welcome your company to the first new industrial building built in Waterloo in the last 20 years.

  • Lease rate does not include utilities, property expenses or building services
  • Space is in Excellent Condition
  • Natural Light

325 Northfield Drive East - 1st Floor

Size 125,535 SF
Term 10 Years
Rental Rate $15.95 CAD/SF/YR
Space Use Industrial
Condition -
Available 2027-06-01

  • Space is in Excellent Condition

Site Plan

Park Overview

New Industrial Development Coming to Waterloo - Construction has started! A new modern industrial buildings in a premier Waterloo location with convenient access to Highway 85, close proximity to a strong local labour pool and an amenity rich area. Differentiate your Waterloo business with a space that is both operationally efficient and appealing for both employee retention and attraction. Unit sizes from 23,211 SF - 125,535 SF with 3% office build-out allowance. Elevate your brand and welcome your company to the first new industrial building built in Waterloo in the last 20 years.

Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
70/100
  • Listing ID: 39372387

  • Date on Market: 2026-02-04

  • Last Updated:

  • Address: 325 Northfield E dr, Waterloo, ON N2V 2N4

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