368-3689910_homelife-bayside-realty-ltd-brokerage

Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD

Call Now: 416-939-2500 Email: vikas@vikaspalan.com

20 King Street E, Oshawa, ON L1G 4Y5

$1,699,000
  • Sale
  • Townhouse
  • 6 days ago
  • Updated: 2026-08-20

Property Overview

Property Type
Townhouse
Bedrooms
6
Bathrooms
5
Garage
Other/1
Size
N/A
Age
N/A
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!

Key Details

  • E13695432
  • Other/1
  • $1,699,000
  • Owner
  • None
  • 4 + 4
  • 2-Storey
  • 6
  • 5
  • 3500-5000 Sqft
  • N/A
  • N/A
  • Townhouse
  • Sale

Additional Details

  • Forced Air / Gas
  • Commercial/ multi use
  • $12237
  • 2026
  • PT LT 2 N/S KING ST PL H50003 OSHAWA PT 1, 40R15252; T/W D426028; S/T RIGHTS IN D426028; T/W & S/T INTEREST IN D426028 CITY OF OSHAWA
  • N/A
  • N
  • Full
  • Wall Unit(s)
  • Municipal
Neighbourhood profile DA 35160158 · 2021 Census

Key signals

Owner vs renter

Owner vs renter split.

Median home value

Owner cost / mo

Median rent / mo

Owner : renter

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Condition & suitability

Built when?

Homes by decade.

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before tax

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median

Median individual

Low-income rate

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Shelter cost burden (30%+ of income)

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Education (ages 25-64)

Population

Median age

Avg HH size

Immigrants

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Age groups.

Language at home

Visible minority

Visible minority.

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labour force

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of employed

Full-yr full-time

stable jobs

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Pop. density

per km²

5-yr stability

did not move

Occupied dwellings

Pop. change

since 2016

Pressure index

Pressure indicators.

Neighbourhood mobility (5 yr)

Statistics Canada, 2021 Census, Dissemination Areas (98-401-X2021006).

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FAQ
  • What is the total square footage of the e13695432 - 20 King Street E, Oshawa, ON L1G 4Y5?

    The total square footage of this property is 3500-5000 SqFt.

  • What schools near to e13695432 - 20 King Street E, Oshawa, ON L1G 4Y5?

    The nearest schools are Woodville Elementary School for elementary and Brock High School for secondary.

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