Tej Thakor Broker of Record / Owner 647-684-1731
For Sale
MLS®# E13695432

20 King Street E, Oshawa, ON L1G 4Y5

Oshawa, ON L1G 4Y5

$1,699,000 Est. $7,216/mo · 20% down, 25-yr, 4.09%
6Beds
5Baths
0.00 x 0.00 FeetLot
1Parking
Att/Row/TownhouseType

About this property

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!

Property Summary

Property TypeAtt/Row/Townhouse
Square Footage3500 - 5000 sq ft
Community NameCentral
Land Size0.00 x 0.00 Feet
Annual Property Taxes$12,237.00
Tax Year2026
Parking TypeOther Garage

Building details

Bedrooms6
Bathrooms / washrooms5
Kitchens4
Property typeAtt/Row/Townhouse
Architectural style2-Storey

Lot & land

Lot dimensions0.00 x 0.00 Feet

Interior Features

Basement FeaturesFull
Interior FeaturesCarpet Free

Building Features

Foundation TypeConcrete
Style2-Storey
RoofAsphalt Shingle
ConstructionBrick

Building Amenities

PoolNone

Heating & Cooling

CoolingWall Unit(s)
Heating TypeForced Air
Heating SourceGas

Utilities

Utility SewerSeptic

Parking

Parking TypeOther Garage
Total Parking Spaces1

Taxes & fees

Annual taxes$12,237 (2026)

Listing history

On market sinceAug 19, 2026

Location

Oshawa, ON L1G 4Y5
Listed by RE/MAX EXCEL REALTY LTD., Brokerage · Listing data sourced from TRREB®, refreshed nightly.
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The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Service® and the associated logos are owned or controlled by The Canadian Real Estate Association (CREA). Used under licence. Information deemed reliable but not guaranteed. Tej Thakor is a Broker of Record at Royal LePage Terra Realty.
Call Tej Now 647-684-1731
20 King Street E, Oshawa, ON L1G 4Y5