Durham Region Works Committee Report #4 2026-05-27
Lease Renewal Approved for DRT Office at Oshawa Centre
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Description
A three-year lease extension for Durham Region Transit office space at 419 King Street West, Oshawa, Suite #995, was approved with Oshawa Centre Portfolio Inc. The annual rent is set at $6,227.50 exclusive of taxes with no further renewal rights after April 30, 2029.
Contract Details
Contract Amount
$6,227.50 annually, $518.96 monthly, $13.25 per sq ft per annum (excluding taxes)
Vendor
OSHAWA CENTRE PORTFOLIO INC
Agency
Regional Municipality of Durham, Canada
Contract Type
FACILITIES
Document Date
May 27, 2026
Contract Term
Three years, May 1, 2026 to April 30, 2029
Renewal Date
2029-04-30
Renewal Info
This is an extension and amending agreement. No further renewal or extension rights after April 30, 2029.
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