IDEAHUB Lease Rates

The Municipality of Port Hope in partnership with the building owner allows us to offer
high quality offices and services at low rates.

Renewal Base Rates
(calculated annually per sq. ft.)

 TERM

 Initial Term 
 Year One 

 Renewal Lease 
 Year Two

 Renewal Lease
 Year Three

RATE

 $6.00/sq. ft. plus TMI** $7.00/sq. ft. plus TMI** $10.00/sq. ft. plus TMI**

 

**Lease and TMI rates subject to change without notice.
TMI = Taxes, maintenance, and insurance @ $3.00/sq. ft.
  Additional fee for lab space and after-hour meeting rooms pending use.

View Example: Monthly Lease Rate Calculation 

Curious about your rights and responsibilities as an IDEAHUB member company?  Email, phone, or visit us to request a sample lease agreement.