For Lease · Retail

60 ATHOL STREET E, Oshawa (Central)

60 ATHOL STREET E, Oshawa (Central), ON L1H8B7

$20 per sq ft / yr

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Asset Class

Retail

Size

—

Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

88%

About this property

Versatile standalone commercial building in the heart of downtown Oshawa, offering excellent potential for medical, clinical, and a wide variety of other uses including food processing, catering, commissary kitchen, and specialty commercial operations. The property features ample on-site parking, providing convenient access for both staff and clients, along with easy connectivity to major highways. Currently improved with one walk-in cooler and existing infrastructure, the space is well-positioned for both medical and food-related uses. The landlord is flexible and willing to work with qualified tenants to customize and retrofit the premises to suit their specific operational requirements. A significant highlight is the approximately 4,200 sq. ft. high-ceiling basement, with portions extending a few feet above ground, providing bright, functional space ideal for storage, production, additional workspace, or other complementary commercial uses. With its prime central location, standalone configuration, and adaptability, this property presents a unique opportunity for a range of professional, healthcare, and commercial users seeking a highly accessible and functional space. (id:66811)

Financial sandbox

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Estimate
Purchase price$20
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-3.80%

DSCR

0.79

Going-in cap

4.40%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

55,156

Households

20,279

Median income

$69,000

Median age

36.6

Daytime population

62,846

5-yr growth

0.9%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 60 ATHOL STREET E, Oshawa (Central).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.