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For sale
  • C$1,699,000

    20 King St E, Oshawa, ON L1H 1A9

    6beds
    5baths
    Townhouse
    Built in ----
    -- sqft lot
    $-- Zestimate®
    C$--/sqft
    C$-- HOA

    What's special

    Efficient layoutModern finishesContemporary cabinetryQuartz countertopsDesigner shower tileLaminate flooringPot lights
    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!
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    Zillow last checked:

    Listing updated:

    Listed by:

    RE/MAX EXCEL REALTY LTD.

    Source: TRREB,MLS®#: E13695432MLS LogoOriginating MLS®#: Toronto Regional Real Estate Board

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 5
      Heating
      • Forced Air, Gas
      Cooling
      • Wall Unit(s)
      Features
      • Flooring: Carpet Free
      • Basement: Full
      • Has fireplace: No
      Interior area
      • Living area range: 3500-5000 null

      Property

      Parking
      • Total spaces: 1
      Features
      • Stories: 2
      • Pool features: None
      Details
      • Parcel number: 163150045

      Construction

      Type & style
      • Home type: Townhouse
      • Property subtype: Townhouse
      Materials
      • Brick
      • Foundation: Concrete
      • Roof: Asphalt Shingle

      Utilities & green energy

      • Sewer: Septic

      Community & HOA

      Location
      • Region: Oshawa

      Financial & listing details

      • Annual tax amount: C$12,237
      • Date on market: 8/20/2026

        Price history

        Price history is unavailable.

        Public tax history

        Tax history is unavailable.

        Climate risks

        Neighborhood: O'Neill

        Getting around

        96 / 100
        Walker's Paradise
        81 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

        No schools nearby

        We couldn't find any schools near this home.

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