$1,699,000
18.24 BTC
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20 King Street, Oshawa
$1,699,000
PRICE
6
BEDROOMS
5
BATHROOMS
E13695432
MLSID

20 King Street, Oshawa

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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Summary

Address
20 King Street
City
Community
MLSID
E13695432
Property Type
Att/Row/Townhouse
Property Category
Bedrooms
6
Bathrooms
5
Kitchens
4
Zoning
Commercial/ multi use
Taxes (Annual)
$12,237.00
Tax Year
2026
Published
August 20, 2026
Days on Market
0 Days
Possession Type
Flexible
Possession Details
Tba
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Details

Basement
Full
Interior Features
Carpet Free
Parking Spaces
1
Parking Total
1
Architectural Style
2-Storey
Roof
Asphalt Shingle
Construction Materials
Brick
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Owner
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with RE/MAX EXCEL REALTY LTD.
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