Leasing Your Office Space in Ottawa

Help for office landlords filling vacancies in a competitive market, from pricing and presentation to a signed lease.

For office landlords

Standing out when tenants have choices

With Ottawa office vacancy at 13.7%, tenants can afford to be selective. Space that is priced realistically, presented well and ready to occupy leases first; space that needs a tenant's imagination tends to sit.

We help landlords understand what competing buildings are offering, decide where to invest in the space, and reach the tenants most likely to need it. Then we qualify tenants and negotiate leases that balance incentives against long-term value.

See our full office real estate services.

13.7%
overall Ottawa office vacancy, Q2 2026
$17.64
average asking net rent per sq ft
$18.97
average additional rent per sq ft
12.9%
Downtown Core vacancy

What we do

How we lease office space

Benchmark the competition

Asking rents, incentives and quality of competing space nearby.

Ready the space

Model suites, refreshed finishes or furnished options that lease faster.

Market it

MLS®, LoopNet and Spacelist, our newsletter, and matching with the tenants we are working with.

Qualify tenants

Covenant strength, use and fit with the building.

Structure incentives

Free rent and allowances compared on net effective rent.

Keep tenants

Early renewal planning so good tenants stay.

Market snapshot

Ottawa office leasing today

Leasing activity in Q2 2026 was concentrated in Class A buildings, and sublet space adds competition. Buildings that offer move-in-ready suites, flexibility and good amenities are winning tenants.

Market figures: Cushman & Wakefield, Ottawa Office MarketBeat, Q2 2026. Asking rents; figures change each quarter.

Options to consider

  • Pre-built or furnished suites
  • Shorter terms with renewal options
  • Shared meeting and amenity space
  • Repositioning or alternative uses where zoning allows

Explore

More Ottawa office real estate

Office space for lease

Downtown and suburban offices, suites and floors.

Office buildings for sale

Office buildings and condos for owner-users and investors.

Medical and clinic space

Clinic, dental, therapy and health care space.

Office Landlord Leasing FAQs

How do I compete with sublet space?

Sublets are often cheaper but short and inflexible. Direct space with longer terms, renewal rights and improvements can still win. We position your space against what is available.

Are pre-built suites worth it?

Often, for small and mid-size suites. Move-in-ready space leases faster. We help you decide which suites justify the investment.

Who pays the leasing commission?

In most commercial leases the landlord pays the commission, often shared with the tenant’s broker. We agree the fee with you in writing before we start.

MitchHeadShot | Ottawa commercial real estate

Mitch Gauzas, REALTOR®

Royal LePage Commercial logo
Royal LePage Integrity Realty, Brokerage logo

Unit 5 – 2148 Carling Avenue, Ottawa, Ontario K2A 1H1

+1-613-302-5752 Mobile

+1-613-829-1818 Office

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