Oshawa, ON · Retail
Retail lease rates per square foot in Oshawa
What does retail space cost in Oshawa?
Retail tenants in Oshawa pay about $24.25/sf per year in net rent plus roughly $9.00/sf in recoverable operating costs — a gross occupancy cost near $33.25/sf per year before any free rent or improvement allowance.
01The market
Net rent
$24.25/sf/yr
Band $19.00/sf–$29.50/sf
TMI / CAM
$9.00/sf/yr
Recoverable operating cost
Availability
4.2%
Vacancy and sublease space
Gross occupancy
$33.25/sf/yr
Net + additional rent
02Your lease, priced
Model an offer against this market
Pre-filled with Oshawa retail figures. Change anything; the numbers and the printable comparison sheet update as you type.
Offer A — Oshawa retail
Tenant occupancy cost
$35.81/sf/yr
$3,581,045 over 10 years
Effective net rent (straight-line)
$21.36/sf/yr
Face average $27.17/sf/yr
Effective net rent (NPV)
$18.64/sf/yr
Discounted at 7%
Inducement cost
$58.13/sf
21.4% below face net rent
6 months free and $46.00/sf of TI cut the landlord's effective net rent from $27.17 to $21.36 per sf per year. The tenant's all-in occupancy cost averages $35.81 per sf per year over the term.
| Year | Net rate | TMI rate | Free months | Tenant cash out | Landlord net | PV of landlord net |
|---|---|---|---|---|---|---|
| 1 | $24.25/sf | $9.00/sf | 6 | $211,250 | $121,250 | $113,318 |
| 2 | $24.86/sf | $9.18/sf | — | $340,363 | $248,563 | $217,104 |
| 3 | $25.48/sf | $9.36/sf | — | $348,413 | $254,777 | $207,974 |
| 4 | $26.11/sf | $9.55/sf | — | $356,655 | $261,146 | $199,227 |
| 5 | $26.77/sf | $9.74/sf | — | $365,094 | $267,675 | $190,848 |
| 6 | $27.44/sf | $9.94/sf | — | $373,734 | $274,366 | $182,822 |
| 7 | $28.12/sf | $10.14/sf | — | $382,580 | $281,226 | $175,133 |
| 8 | $28.83/sf | $10.34/sf | — | $391,638 | $288,256 | $167,768 |
| 9 | $29.55/sf | $10.54/sf | — | $400,912 | $295,463 | $160,712 |
| 10 | $30.28/sf | $10.76/sf | — | $410,408 | $302,849 | $153,953 |
Printable comparison sheet
Lease comparison — Oshawa retail
Every input and every result, side by side. Prepared 2026-10-09.
| Line | Offer A |
|---|---|
| Rentable area (sf) | 10,000 |
| Term (years) | 10 |
| Face net rent, year 1 | $24.25/sf/yr |
| Escalation | 2.5% |
| TMI / CAM, year 1 | $9.00/sf/yr |
| Free rent | 6 months |
| TI allowance | $46.00/sf |
| Face average net rent | $27.17/sf/yr |
| Tenant occupancy cost | $35.81/sf/yr |
| Tenant total over term | $3,581,045 |
| Effective net rent (straight) | $21.36/sf/yr |
| Effective net rent (NPV) | $18.64/sf/yr |
| Landlord NPV of term | $1,308,859 |
| Winner | Cheapest for the tenant · Best for the landlord |
03Provenance
How these figures were produced
- Baseline seed — A documented starting estimate awaiting first observation. Treat as an order-of-magnitude figure only.
- Modelled — Derived arithmetically from observed inputs using the published method; not a market quote.
Sources
- [1] No promoted observation yet — The figures above are documented seeds and this page is excluded from the index until a sourced observation is published.
04What the recovery contains
Reading the additional rent in Oshawa
Net rent plus CAM, taxes and often percentage rent, with promotional-fund and food-court contributions layered on top.
In Oshawa, the recoverable line for retail space usually contains common-area maintenance, realty taxes, insurance, promotion fund, HVAC, and an administrative charge on CAM. At roughly $9.00/sf per year it is 27% of the gross occupancy cost, which is why a rate negotiation that ignores it is only half a negotiation.
The clause worth arguing over here is the administrative charge stacked on CAM, and any pro-rata share calculated on leased rather than leasable area. Model it: run the recovery through the TMI calculator with and without the term you are asking for, and bring the dollar difference to the table rather than the principle.
Related: TMI recovery calculator · net vs gross leases
05Questions
Frequently asked
How much does a retail commercial lease cost in Oshawa?
Take the quoted net rent per square foot, add the recoverable operating costs (TMI), multiply by the rentable area, then adjust for free rent and allowances. The rates and the calculator on this page do that for Oshawa.
What is included in TMI for retail space in Oshawa?
Typically common-area maintenance, realty taxes, insurance, promotion fund, HVAC, and an administrative charge on CAM. Confirm the definition clause in your lease, because the list is contractual, not standard.
What should a tenant push back on in Oshawa?
Usually the administrative charge stacked on CAM, and any pro-rata share calculated on leased rather than leasable area.
Is the quoted rate the total cost?
No. On a net lease the quoted rate is base rent only. Add the recoverable operating costs to get the gross occupancy cost, then subtract inducements to get what you actually pay.
06Carry the deal
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07Nearby coverage
Other use classes in Oshawa
Not advice — Leaselor is a data publisher. We do not broker, arrange, or transact, and nothing here is an offer or professional advice. Figures are indicative benchmarks for comparison and must be confirmed with a licensed professional before you rely on them. About Leaselor