45 Richmond Street W, Oshawa, ON L1G 1C9, Oshawa, ON
5212.0 sqft
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.
Property Highlights
For Sale
MLS NO.
E13422000
Type
Commercial
Sub Type
Investment
Square Footage
5212.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Investment
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
E13422000
Lot Width
145.0
Garage Type
None
Cooling
Yes
Heat Type
Gas Forced Air Closed
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
45 Richmond Street W, Oshawa, ON L1G 1C9
City
Oshawa
Neighbourhood
O'Neill
County / Region
Durham
Province / State
ON
Postal Code
L1G 1C9
Cross Street
Richmond St W and Centre N
Directions
Richmond St W and Centre St N
Country
CA
List Price
$3,950,000
Annual Taxes
$27,051
Tax Year
2025
Possession Type
Immediate
Possession Details
Immediate
Listing Office
CBRE LIMITED
Board
Toronto Regional Real Estate Board
Original Entry
2026-06-09T19:11:55Z
Media Updated
2026-06-09T19:11:55Z
Photos Updated
2026-06-09T19:11:55Z
Last Modified
2026-06-09T19:13:19Z
System Modified
2026-07-06T21:33:46.73856Z
MLS Status
New
Co List Office Name
CBRE LIMITED
Ddfyn
Yes
Expiration Date
2026-10-30
Heat Type Multi
Gas Forced Air Closed
Hstapplication
In Addition To
Occupant Type
Owner
Originating System Id
A00001796
Parcel Number
163140180
Public Remarks
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.