L1G Live-Work Spaces for Sale

Commercial Real Estate in L1G available for sale

Office Spaces for Sale Within of L1G

20 Colborne St W

Oshawa, ON L1G 1L4

Office for Sale
$4,000,000 CAD
10,000 SF

Oshawa Office for Sale - Whitby/Oshawa

Attention Developers & Condo Builders. 0.67 Acre Building Site Assembled In Downtown Oshawa with Simcoe St N Frontage. Lots of opportunity to rezone for good density on the site, could be rental housing, condo or retirement home. Incredible location within walking distance to Lakeridge Regional Health Centre, Ontario Tech Downtown Campus, Oshawa Golf & Curling Club, Regional Court House, Tribute Communities Centre & All That the revitalized downtown has to offer. Site consists of Five properties, 137 and 141 Simcoe St N, 10 Colborne, 14 Colborne and 11 apartments is $163,200 annually with an NOI of approximately $118,000. Phase 1 ESA and Stage 1 Archeological Study Complete. Also have design for 9-Storey building within 101 units and two levels of underground parking. Location of this property could not be better with transit and proximity to hospital.

Contact:

Re/Max Jazz Inc. Brokerage

Date on Market:

2024-02-22

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78 Richmond St W

Oshawa, ON L1G 1E1

Office for Sale
57,246 SF

Oshawa Office for Sale - Whitby/Oshawa

78 Richmond Street West is a centrally located two-storey office building in the heart of Oshawa’s downtown core. Situated within a vibrant urban setting, this property offers excellent accessibility and proximity to key amenities, including public transit, restaurants, retail shops, and civic institutions. Currently configured as an office space, the property presents an exceptional opportunity for future redevelopment. With a proposed residential conversion potential, the site is well-positioned for a mixed-use or multi-residential development, aligning with the city’s ongoing urban growth and intensification plans. This rare offering combines immediate usability with long-term investment potential, making it an attractive prospect for developers and investors looking to capitalize on Oshawa’s evolving skyline. 78 Richmond St W falls within the City of Oshawa’s exemption area for residential development charges. As a result, the subject property is exempt from development charges estimated to be in excess of $22,000,000. Furthermore, the property is also subject to property tax grants of approximately $4,100,000 over a 9 year period.