20 King Street E Oshawa, ON L1G 4Y5
Listing Courtesy of: PropTX - IDX / Listed By: Re/Max Excel Realty Ltd.

  20 King Street E Oshawa, ON L1G 4Y5

Active
$1,699,000 (CAD)
6
BED
5
BATH
3500-5000
SQFT

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!

MLS®:
E13695432
Taxes
$12,237(2026)
Type
Townhouse
Style
2-Storey
County
Regional Municipality of Durham
Community
Central

Listed By

Re/Max Excel Realty Ltd.
Source
PropTX - IDX
Last checked Aug 28 2026 at 11:48 AM EDT
Bathroom Details
Interior Features
  • Carpet Free
Property Features
  • Foundation: Concrete
Heating and Cooling
  • Forced Air
  • Wall Unit(s)
Basement Information
  • Full
Pool Information
  • None
Exterior Features
  • Brick
  • Roof: Asphalt Shingle
Utility Information
  • Sewer: Septic
  • Fuel: Gas
  • Energy: Energy Certificate: No
Garage
  • Other
Stories
  • 2
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Disclaimer: Copyright 2026 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 8/28/26 04:48