Business For Sale · Office

951 SIMCOE STREET N, Oshawa (Centennial)

951 SIMCOE STREET N, Oshawa (Centennial), ON L1G4W3

Price on request

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Asset Class

Office

Size

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Building class

C

Zoning

CO — Commercial Office

$ / SF

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Occupancy

83%

About this property

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)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

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.

Area demographics

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.

Secure deal room

Confidential diligence documents for 951 SIMCOE STREET N, Oshawa (Centennial).

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.