Small Bay Units in Guelph, ON
Represented by Michael Law — industrial broker, Lennard Commercial Realty
Region
West GTA
Avg Net Rent
$14.75/SF(Q1 2026)
Availability
6.1%
Clear Heights
18'–24'
Highway Access
Highway 401, Highway 6, Highway 7
Guelph Small Bay Unit Market
Guelph is a mid-sized industrial market at the southwestern edge of the GTA corridor, positioned on the Highway 401 spine approximately 100 kilometres west of Toronto. The city has historically been a manufacturing centre — food processing, automotive parts, advanced manufacturing, and pharmaceutical production form the backbone of its industrial base — and has been attracting increasing distribution and logistics investment as GTA tenants seek cost-competitive 401-connected space beyond Mississauga and Brampton. Hanlon Creek Business Park and the Guelph Innovation District represent the submarket's newest and highest-quality industrial inventory, with purpose-built distribution buildings featuring modern clear heights and dock specifications suited to regional logistics operations. Highway 6 running north connects Guelph to Highway 401 at Cambridge and further north toward Owen Sound, expanding the addressable distribution territory beyond the core 401 corridor. Net asking rents range from $13.00 to $16.50 per square foot net. Guelph offers a $3.00 to $5.00 per square foot discount versus equivalent Mississauga product, making it a compelling option for tenants whose distribution network is oriented toward southwestern Ontario. Michael Law advises industrial tenants and investors across the GTA West and broader 401 corridor including Guelph, Cambridge, Kitchener, and Milton.
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