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Price on request
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Asset Class
Office
Size
—
Building class
C
Zoning
CO — Commercial Office
$ / SF
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Occupancy
83%
Prime opportunity to lease a turnkey freestanding professional office building in a highly desirable Oshawa location, just minutes from the university and surrounded by established residential neighbourhoods. This standalone building offers excellent exposure and accessibility in a well-established area. The main floor features approximately 810 sq. ft., including two private offices, an additional partitioned workspace, a welcoming reception area with coffered ceiling, and a washroom. The finished lower level provides approximately 450 sq. ft. of additional usable space, complete with a conference room, three workstations, and a second washroom. The property accommodates parking for up to eight vehicles, including a designated accessible parking space. Ideally suited for a range of professional office uses, this well-maintained building offers a functional layout with flexibility to support a variety of business needs. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$67K
Annual cash flow
$-16K
Cash-on-cash
-3.54%
DSCR
0.81
Going-in cap
4.48%
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
103,768
Households
45,328
Median income
$133,500
Median age
34.8
Daytime population
92,160
5-yr growth
9.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 951 SIMCOE STREET N, Oshawa (Centennial).
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.