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$1,699,000
For SaleListed 16 days ago

20 King Street East, Oshawa, ON L1G 4Y5

Central
6
5
3,500–5,000 ft²
Att/Row/Townhouse1 Parking
Listed by RE/MAX EXCEL REALTY LTD.

Assigned school

55% EQAO

Mary Street Community School

Childcare

6 centres

<100 m closest

Block profile

62% owners

$55k median

Small-area Census counts are randomly rounded by Statistics Canada.

Explore this address →

Property Information

Property TypeAtt/Row/Townhouse
BasementFull
Parking1 parking space · Other
Property taxes$12,237/yr (2026)
Days on Market16 Days
Listed DateAug 20, 2026
MLS® NumberE13695432

Monthly Cost

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!

Listing History

Event
Date
Price
Listed
Aug 20, 2026
$1,699,000

Shows activity for this MLS® listing. Prior listings and sold records appear when available.

Location

Map showing 20 King Street East, Oshawa, ON L1G 4Y5 inside the Mary Street Community School attendance boundaryView on Map

School Catchments

School boundaries and eligibility may change. Confirm school eligibility directly with the school board.

All Oshawa school catchments

Licensed Childcare Nearby

6 licensed centres nearby · closest 7 m

Licensed Child Care Centre
Eyes Canada Childcare Centre Oshawa 22
22 King Street Street, Oshawa
0.0 km
Full day · Extended hours
Operator: 2705150 Ontario Inc.
Licence #58715·Child Care Centre
Licensed Child Care Centre
Magic Pencils Learning Centre Inc.
11 Celina Street, Oshawa
0.1 km
Full day
Licence #0003312·Child Care Centre
Licensed Child Care Centre
Dms Montessori Preschool And Daycare Inc.
101 Simcoe Street, Oshawa
0.3 km
Full day
Licence #58972·Child Care Centre
Licensed Child Care Centre
Durham Family Ymca Child Care Centre
99 Mary Street, Oshawa
0.3 km
Full day · Half day · Extended hours · Overnight
Operator: The Ymca Of Greater Toronto
Licence #0000569·Child Care Centre
Licensed Child Care Centre
Ct Family Learning Centre And Montessori School
202 Simcoe Street, Oshawa
0.6 km
Full day · Before & after school
Operator: Ct Family Learning Centre And Montessori School Inc.
Licence #59772·Child Care Centre
Licensed Child Care Centre
Village Union Early Learning And Child Care Before & After School
155 Gibb Street, Oshawa
1.2 km
Before & after school
Operator: Regional Municipality Of Durham
Licence #60490·Child Care Centre

Area Checks

Also checked, nothing flagged at this location: flood hazard mapping, conservation-regulated areas, provincially significant wetlands, the Greenbelt, the Oak Ridges Moraine, the Niagara Escarpment plan, areas of natural and scientific interest, rail corridors, hydro transmission corridors.

Screened against public government mapping at this home’s location — simplified boundaries, not a survey, an appraisal or a legal determination. Confirm anything that matters with the authority named.

About Central

View Central on Market

Who lives here

A snapshot of this home’s immediate area — the census dissemination area it sits in.

62%
Homeowners
39%
Households with kids
$54,800
Median income
66
Median age
More about this area
1.6
Avg. household size
15%
University degree
13%
Newcomers (immigrants)
Age profile611 residents
Under 208%
20–3413%
35–6428%
65+51%

StatCan 2021 Census · this home’s dissemination area (DA 35180186). Values are randomly rounded by Statistics Canada for privacy.

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DistrictIQ Inc., BrokerageMLS® data provided by PropTxUpdated Aug 20, 2026
Data sources & legal disclosures

Listing data is provided by the Toronto Regional Real Estate Board (TRREB) and PropTx under the Internet Data Exchange (IDX) program. The information is deemed reliable but is not guaranteed accurate by TRREB, PropTx, CREA or DistrictIQ Inc., Brokerage, may not reflect the most current status, and is subject to errors, omissions, prior sale, change, or withdrawal without notice. Listings should be independently verified.

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