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45 Richmond Street

45 Richmond Street

Oshawa, ON

  • 5,212 sqft
  • Investment
  • 90 days on market
$3,950,000

We are pleased to present 45 Richmond Street West, a compelling retail investment opportunity located in the heart of Oshawa. The property comprised approximately 5,212 square feet of main floor retail space, complemented by an additional 5,000 square feet of basement area, offering exceptional flexibility for retail operations, storage, or future expansion. Situated on a prominent 0.44 - acre corner lot at the intersection of Bond Street West and Centre Street North, the asset benefits from strong exposure along a high-traffic corridor in a growing urban node. The property is currently owner-occupied by a grocery store and included 28 surface parking spaces, providing convenient access for customers and staff. The building has undergone significant capital improvements, with over $1 million invested into renovations, resulting in a well-maintained asset with minimal near-term capital requirements. Zoned UGC-A (Urban Growth Centre), the property permits high-density mixed-use development with a maximum density of 1,000 units per hectare, providing investors with strong long-term redevelopment and intensification potential. Strategically positioned in a rapidly evolving area with strong population growth and nearby development activity, 45 Richmond Street West Presents a rare opportunity to acquire a high-exposure retail asset with both stable occupancy characteristics and significant upside potential.

Listing Details

Taxes (2025)
$27,051
Listed
June 8, 2026

Price History

Property

Lot Size
145 x 133 Feet

Parking

Garage
None

Location & Legal

Cross Street
Richmond St W and Centre N
Zoning
UGC-A
Parcel Number
163140180
Possession
Immediate
Occupancy
Owner

Community

Postal area L1G

Population
43,497
Private dwellings
19,291
Median age
43.2
Average household size
2.3
Median household income
$75,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Oshawa · last 12 months

Median sold price
$680,000
Homes sold
1,915
Median days on market
19
Sale-to-list price
99.7%

Based on 1,915 recorded sales of commercial properties in Oshawa over the last 12 months.

Listed by

CBRE LIMITED

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
5,212 sq ft
Price per sq ft
$757.87
Annual property tax
$27,051
Tax per sq ft
$5.19

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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