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451 Phillip St 2,924 - 27,517 SF of Space Available in Waterloo, ON N2L 3X2
All Available Spaces(3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Condition
- Available
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.
- Lease rate does not include utilities, property expenses or building services
- Mostly Open Floor Plan Layout
- 20 Private Offices
- 283 Workstations
- Fully Built-Out as Standard Office
- Fits 31 - 159 People
- 2 Conference Rooms
- Space is in Excellent Condition
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
- Advanced Tech Space
- Fully Built-Out as Standard Office
- Fits 12 - 39 People
- Open to many space uses
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 150 | 12,263-19,815 SF | 1-10 Years | $22.50 CAD/SF/YR $1.88 CAD/SF/MO $445,838 CAD/YR $37,153 CAD/MO | Office | Full Build-Out | Now |
| 1st Floor, Ste 160 | 4,778 SF | Negotiable | $15.00 CAD/SF/YR $1.25 CAD/SF/MO $71,670 CAD/YR $5,973 CAD/MO | Office | Full Build-Out | 30 Days |
| 1st Floor, Ste 170 | 2,924 SF | Negotiable | $15.00 CAD/SF/YR $1.25 CAD/SF/MO $43,860 CAD/YR $3,655 CAD/MO | Retail | Full Build-Out | 30 Days |
1st Floor, Ste 150
| Size |
| 12,263-19,815 SF |
| Term |
| 1-10 Years |
| Rental Rate |
| $22.50 CAD/SF/YR $1.88 CAD/SF/MO $445,838 CAD/YR $37,153 CAD/MO |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor, Ste 160
| Size |
| 4,778 SF |
| Term |
| Negotiable |
| Rental Rate |
| $15.00 CAD/SF/YR $1.25 CAD/SF/MO $71,670 CAD/YR $5,973 CAD/MO |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1st Floor, Ste 170
| Size |
| 2,924 SF |
| Term |
| Negotiable |
| Rental Rate |
| $15.00 CAD/SF/YR $1.25 CAD/SF/MO $43,860 CAD/YR $3,655 CAD/MO |
| Space Use |
| Retail |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1st Floor, Ste 150
| Size | 12,263-19,815 SF |
| Term | 1-10 Years |
| Rental Rate | $22.50 CAD/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.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 31 - 159 People
- 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 | $15.00 CAD/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
- Fits 12 - 39 People
- Advanced Tech Space
- Open to many space uses
1st Floor, Ste 170
| Size | 2,924 SF |
| Term | Negotiable |
| Rental Rate | $15.00 CAD/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
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
Sustainability
Sustainability
LEED Certification Led by the Canada Green Building Council (CAGBC), the Leadership in Energy and Environmental Design (LEED) is a green building certification program focused on the design, construction, operation, and maintenance of green buildings, homes, and neighborhoods, which aims to help building owners and operators be environmentally responsible and use resources efficiently. LEED certification is a globally recognized symbol of sustainability achievement and leadership. To achieve LEED certification, a project earns points by adhering to prerequisites and credits that address carbon, energy, water, waste, transportation, materials, health and indoor environmental quality. Projects go through a verification and review process and are awarded points that correspond to a level of LEED certification: Platinum (80+ points) Gold (60-79 points) Silver (50-59 points) Certified (40-49 points)
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451 Phillip St
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