$14/mo - 282 King Street Unit 3, Oshawa
Commercial for Rent in Oshawa
Popular Listing- MLS Number
- E13238942
- Property Type
- Commercial
- Status
- active
- Days on Site
- 10
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- 1,812 sqft
- Neighbourhood
- Oshawa
- Listing Brokerage
- RE/MAX ACE REALTY INC.
Prime King St W location in the heart of Oshawa. 1,812 sq ft of versatile commercial space spread across 3 finished levels plus basement storage, ready for your vision. The bones are here. Your business walks in and gets to work. Main floor greets clients with a striking stone accent wall, built-in reception counter, pot lighting, and 3 separate rooms perfect for consultations, treatments, or private offices. The 2nd floor opens up with a spacious layout featuring crown moulding, ceiling fans, French glass-panel doors, enclosed rooms, and a den. The 3rd floor offers 2 additional rooms with dormer ceilings, natural light, and tile flooring. Basement storage rounds it out. Forced air heating and AC throughout. Water, gas, and hydro all included in TMI. Plenty of parking available. Private entrance off King St W with covered canopy and signage opportunity.This is a rare find: a multi-room, multi-level space with infrastructure already in place. Wellness clinics, massage therapy, chiropractic offices, aesthetics studios, counselling practices, tutoring centres, creative agencies, boutique fitness studios - the layout adapts to whatever you bring. Three floors means three revenue zones under one lease. Turn every level into a different arm of your business or sublease with landlord approval. Stop paying to build from scratch. Previously operated as a wellness spa, this unit comes with plumbing roughed in across all floors, 2 two-piece washrooms, and a 3rd floor washroom with sink already in place (easily upgraded). This space is waiting for a tenant with ambition. ***OPEN TO ONLY 1ST FLOOR AND BSMT LEASE ***- for tenants who only need a flat commercial space with storage!
Discover Oshawa
Oshawa is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Oshawa
- •Convenient location in Oshawa
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Oshawa offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
282 King Street Unit 3, Oshawa
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Key factors for evaluating this commercial property
Commercial Due Diligence Checklist
· Verify zoning and all permitted uses
· Review all existing leases (terms, renewals, net vs. gross)
· Request estoppel certificates from all tenants
· Order a Phase 1 Environmental Site Assessment
· Commission a property condition assessment
· Review operating costs (taxes, insurance, maintenance)
Commercial Financing Note
Commercial mortgages require 20–35% down, shorter amortization, and lenders underwrite based on the property's income. CMHC insurance is not available for commercial. Connect with a commercial mortgage broker early.
Commercial and land transactions are significantly more complex than residential. Joe recommends assembling a team — commercial real estate lawyer, accountant, and (for land) a land use planner — before making an offer.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Commercial Pricing Context
Commercial property values in Oshawa are driven by location, zoning, current tenancy, and income potential — not the same $/sqft benchmarks as residential. I'll run a proper comparable sales analysis using recent commercial transactions in this area.
Commercial Market Pace
Commercial real estate transactions typically take 60–120 days from offer to close — longer than residential — due to financing conditions, environmental reports, and tenant estoppel reviews. This 10-day listing is within normal commercial market exposure.
Zoning & Permitted Use — Verify First
I always confirm the zoning and permitted uses before a client gets too far into a commercial transaction. What a property is currently used for and what it's legally permitted for are sometimes different. If you plan to change the use, a zoning amendment or minor variance may be required — that's additional cost, time, and risk.
Tenancy & Income Review
If this property has existing tenants, I'd want to review all leases carefully: term lengths, renewal options, rent amounts, escalation clauses, and who's responsible for operating costs (gross lease vs. net lease). A strong long-term tenant is an asset; a lease expiring at closing is a different story. We'll request estoppel certificates from all tenants.
Environmental & Due Diligence
A Phase 1 Environmental Site Assessment is standard practice for commercial purchases in Ontario. If historical industrial use is flagged, you'll need a Phase 2. I also recommend a property condition assessment covering structure, roof, HVAC, and electrical — commercial systems are expensive to replace and often not disclosed in detail on the listing.
Commercial Financing Realities
Commercial mortgages work differently than residential. Expect 20–35% down, shorter amortization (15–25 years), and lenders who underwrite based on the property's income, not just your personal financials. CMHC insurance is generally not available for commercial, and rates are typically higher. I can connect you with commercial mortgage brokers who specialize in Oshawa transactions.