NewFor Sale

20 King Street E
Oshawa, Durham, ON, L1G 4Y5

Att/Row/Townhouse
TRREB
MLS® Number: E13695432

RE/MAX EXCEL REALTY LTD.

Listing brokerage
Estimated Value
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$1,699,000List Price
6Bedrooms
5Bathrooms
0Garages
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Listing History

Buy/sell history for 20 King Street E, Oshawa, ON L1G 4Y5

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Current valuation for 20 King Street E, Oshawa, ON L1G 4Y5. Listed for $1,699,000 on 2026-10-19

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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!

Features

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Amenities

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Summary

Tax:$12,237 / 2026
Listing #:E13695432
Property Type:Att/Row/Townhouse, 2-Storey
Size:3500-5000 feet²
Days on CPRB:
Garage:Other
Locker:None
On CPRB Since:
Listing Brokerage:RE/MAX EXCEL REALTY LTD.

Details

Property

Property Type:Att/Row/Townhouse
Style:2-Storey
Community:Central
Municipality:Durham

Building

Size:3500-5000 feet²
Construction:Brick

Inside

Bedrooms:6
Bedrooms Above Grade:6
Bathrooms:5
Kitchens:4
Rooms:0
Family Room:No
Appliances Included:Carpet Free
Basement:Full

Parking

Garage Type:Other
Garage Spaces:0
Total Parking Spaces:1

Utilities

Cooling:Wall Unit(s)
Heating Type:Forced Air
Heating Fuel:Gas
Utility Sewer:Septic

Land

Cross Street:Simcoe & King

$1,699,000

List price

20 King Street E, Oshawa – 6 bed Att/Row/Townhouse for sale · MLS® # E13695432