For Sale · Office

124 ONTARIO STREET, Oshawa (O'Neill)

124 ONTARIO STREET, Oshawa (O'Neill), ON L1G4Z1

Price on request

1,600 SF

Asset Class

Office

Size

1,600 SF

Building class

B

Zoning

CB2 — Central Business

$ / SF

—

Occupancy

91%

About this property

Excellent opportunity in a highly visible and strategically located area of downtown Oshawa. 124 Ontario St offers convenient access to major transportation routes and is situated directly opposite an elementary school, proximate to Highway 401 and Costco just around the corner.The property's location and accessibility make it suitable for a variety of commercial and service-oriented uses, including day boarding/daycare, physiotherapy and rehabilitation clinics, medical or doctor's offices, walk-in/primary care clinics, professional offices, Real estate office / Mortgage office, specialty retail, wholesale operations, and other permitted commercial uses. Prime downtown Oshawa location. TMI not included in the price. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$77K

Annual cash flow

$-6K

Cash-on-cash

-1.26%

DSCR

0.93

Going-in cap

5.16%

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.

Rent roll (estimated)

TenantAreaExpiry
Aurora Legal LLP1,454 SF2032-09

Area demographics

Trade area within 3 miles of the property.

Population

90,519

Households

42,880

Median income

$111,500

Median age

33.5

Daytime population

105,995

5-yr growth

3.9%

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

Secure deal room

Confidential diligence documents for 124 ONTARIO STREET, Oshawa (O'Neill).

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.