Transit office lease extension approved for Oshawa site
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Description
The Works Committee recommended Council approve a three-year lease extension and amendment with Oshawa Centre Portfolio Inc. for Durham Region Transit’s 470-square-foot office at 419 King Street West, Oshawa, with annual rent of $6,227.50 plus taxes and no further renewal rights beyond April 30, 2029. The Regional Chair and Clerk would be authorized to execute all related documents.
Contract Details
Contract Amount
Annual rent of $6,227.50 (exclusive of applicable taxes), payable in equal monthly instalments of $518.96, based on $13.25 per square foot per annum
Vendor
OSHAWA CENTRE PORTFOLIO INC
Agency
Regional Municipality of Durham, Canada
Contract Type
FACILITIES
Document Date
May 6, 2026
Contract Term
May 1, 2026 to April 30, 2029 (three-year lease term)
Renewal Date
2029-04-30
Renewal Info
Lease term runs from May 1, 2026 to April 30, 2029, with no further right to renew or extend beyond April 30, 2029.
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