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$2.5M total
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Asset Class
Office
Size
—
Building class
A
Zoning
DC1 — Direct Control
$ / SF
—
Occupancy
100%
Versatile standalone commercial building in the heart of downtown Oshawa, presenting an exceptional opportunity for investors, developers, and owner-users alike. The property supports a wide range of uses including medical, clinical, food processing, commissary kitchen, and other specialized commercial operations. Positioned on its own parcel in Oshawa's evolving downtown core, the property offers compelling long-term Commercial/Residential redevelopment potential. Whether maintained as an income-producing asset, repositioned through renovation, or considered for future redevelopment or a complete rebuild (subject to all required municipal approvals), the site provides flexibility to capitalize on the area's ongoing growth and revitalization. The building features ample on-site parking and excellent accessibility, with convenient connections to major highways, public transit, and nearby amenities. A significant highlight is the approximately 4,200 sq. ft. high-ceiling basement, with portions extending a few feet above grade, providing bright, functional space ideal for storage, production, additional workspace, or other complementary commercial uses. Existing improvements include a walk-in cooler and infrastructure suitable for food or healthcare-related operations, offering potential cost savings for end users. With its adaptable layout, substantial lower-level space, strategic location, existing specialized improvements, and future redevelopment potential, this is a rare opportunity to acquire a well-positioned commercial asset with both immediate functionality and long-term value appreciation. (id:66811)
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Monthly debt service
$12K
Projected NOI
$171K
Annual cash flow
$33K
Cash-on-cash
4.34%
DSCR
1.24
Going-in cap
6.84%
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.
Trade area within 3 miles of the property.
Population
60,230
Households
23,156
Median income
$64,000
Median age
39.1
Daytime population
64,422
5-yr growth
4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 60 ATHOL STREET E, Oshawa (Central).
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.