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$1,699,000
Ontario,Oshawa (Central)
For Sale Active
20 KING STREET E, Oshawa (Central), Ontario L1G4Y5
  • 6
  • 5
  • 3500 - 5000Square Feet
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Basic Details
Description

Exceptional Turnkey Mixed-Use Investment Opportunity! Total rental income combined may be $12000 or more! Rare chance to own a thriving restaurant business together with a fully renovatedincome-producing property in the heart of downtown Oshawa. An ideal opportunity for investors, entrepreneurs, or owner-operators seekingmultiple streams of income. The main floor features the well-established Lucky Cho, a local landmark that has successfully

operated for over 12years with a loyal customer base and strong, consistent revenue. This 2, 500 sq. ft. restaurant offers an efficient layout, LLBO licence for 96indoor seats plus 30 patio seats, and is renowned for its thriving dine-in and high-volume takeout business. The property is strategically locatednear Ontario Tech University, Trent University Durham GTA, Durham College, Lakeridge Health Oshawa, hotels, the Oshawa Generals arena, andnumerous existing and upcoming residential developments, ensuring excellent exposure and steady customer traffic. The fully equippedcommercial kitchen includes a 20-foot exhaust hood, 5 refrigerators, 4 walk-in coolers/refrigeration units, and all equipment required forcontinued operation. The purchase includes all existing chattels, fixtures, trade name, menu, and operating rights, allowing for a seamlesstransition to new ownership. There is also a large basement offering additional storage or potential rental income. The upper level has beennewly renovated top to bottom and features three self-contained 2-bedroom suites, each with its own kitchen, full bathroom, and separate hydrometer. Modern finishes include contemporary cabinetry, quartz countertops, designer shower tile, laminate flooring, pot lights, brand-newappliances, and updated fixtures throughout. A shared laundry room is available for tenants. Each suite has the potential to generate approximately $2000 per month, providing a combined rental income of over $6000 monthly. DON’T MISS OUT this great business/investmentopportunity! (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: E13695432
  • Price: $1,699,000
  • Bedrooms: 6
  • Bathrooms: 5
  • Square Footage: 3500 - 5000 Sqft
  • Status: Active
  • Office Name: RE/MAX EXCEL REALTY LTD.
  • Property Attached Yn: 1
  • Property Sub Type: Single Family
  • Office Key: 282937
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Wall unit
  • Basement: Full
  • Parking: No Garage, Other
  • Exterior Features: Brick
  • Sewer: Septic System
Address Map
  • Location: CA, Ontario, Oshawa (Central), L1G4Y5
  • Street: King
  • Street Number: 20
  • Street Suffix: Street
  • Longitude: W79° 8' 13.7''
  • Latitude: N43° 53' 52.8''
  • Street Dir Suffix: East
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Features:
  • Stories: 2.0
Financial
  • Tax Annual Amount: 12237
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Listing updated: 2026-08-21 03:23:12
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Listing Information
  • List Agent Key: 2060230
  • List Office Key: 282937
  • Modification Timestamp: 2026-08-20T15:05:23Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-08-20T14:56:47Z
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Listing updated: 2026-08-21 03:23:12
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