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Exceptional Turnkey Mixed-Use Investment Opportunity! Rare chance to own a thriving restaurant business together with a fully renovated income-producing property in the heart of downtown Oshawa. An ideal opportunity for investors, entrepreneurs, or owner-operators seeking multiple streams of income. The main floor features the well-established Lucky Cho, a local landmark that has successfully operated for over 12 years with a loyal customer base and strong, consistent revenue. This 2, 500 sq. ft. restaurant offers an efficient layout, LLBO licence for 96 indoor seats plus 30 patio seats, and is renowned for its thriving dine-in and high-volume takeout business. The property is strategically located near Ontario Tech University, Trent University Durham GTA, Durham College, Lakeridge Health Oshawa, hotels, the Oshawa Generals arena, and numerous existing and upcoming residential developments, ensuring excellent exposure and steady customer traffic. The fully equipped commercial kitchen includes a 20-foot exhaust hood, 5 refrigerators, 4 walk-in coolers/refrigeration units, and all equipment required for continued operation. The purchase includes all existing chattels, fixtures, trade name, menu, and operating rights, allowing for a seamless transition to new ownership. There is also a large basement offering additional storage or potential rental income. The upper level has been newly renovated top to bottom and features three self-contained 2-bedroom suites, each with its own kitchen, full bathroom, and separate hydro meter. Modern finishes include contemporary cabinetry, quartz countertops, designer shower tile, laminate flooring, pot lights, brand-new appliances, and updated fixtures throughout. A shared laundry room is available for tenants. Each suite has the potential to generate approximately $1, 500 per month, providing a combined rental income of over $4, 500 monthly. DON'T MISS OUT this great business/investment opportunity! (id:58753)
Simcoe & King
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price |
|---|---|---|---|---|
| 707 AUDLEY ROAD S | 4 | 4 | Jun 22, 2026 | $1,568,000 |
| 1904 ARBORWOOD DRIVE | 7 | 6 | Jul 06, 2026 | $1,299,000 |
Discover key demographics, population statistics, and environmental insights for the Oshawa (central), ON area.
94/100
Walker's Paradise
Walk Score ®
56/100
Good Transit
Transit Score ®
76/100
Very Bikeable
Bike Score ®
Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.
13 nearby routes: 13 bus, 0 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 46/100, Transit Score: 39/100, Bike Score: 44/100.
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0 bds • 2 ba • 4,991 sqft
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0 bds • 0 ba • 4,680 sqft
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0 bds • 9 ba • 4,580 sqft
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0 bds • 2 ba • 5,500 sqft
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0 bds • 0 ba • 5,500 sqft
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0 bds • 0 ba • 5,500 sqft
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10 bds • 2 ba • 5,320 sqft
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0 bds • 6 ba • 5,000 sqft
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0 bds • 0 ba • 4,706 sqft
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0 bds • 0 ba • 4,430 sqft
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0 bds • 0 ba • 5,185 sqft
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6 bds • 4 ba • 4,457 sqft
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bds • 0 ba • 8492 sqft
193 KING STREET E
bds • 3 ba • 2900 sqft
181 ALBERT STREET
6 bds • 6 ba • sqft
292/278 WILLIAM STREET E
18 bds • 9 ba • 10732 sqft
11 FAIRBANKS STREET
18 bds • 9 ba • sqft
11 FAIRBANKS STREET
9 bds • 1 ba • 2845 sqft
100 CROMWELL AVENUE
3 bds • 2 ba • sqft
28 BUCKINGHAM AVENUE
bds • 2 ba • 4991 sqft
491 RITSON ROAD S
11 bds • 6 ba • sqft
558 LANSDOWNE DRIVE
4 bds • 4 ba • sqft
739 MASSON STREET
4 bds • 4 ba • sqft
739 MASSON STREET
bds • 0 ba • sqft
374 FAREWELL STREET
bds • 0 ba • 32292 sqft
374 FAREWELL STREET
4 bds • 4 ba • sqft
224 SEVERN STREET
4 bds • 4 ba • sqft
224 SEVERN STREET
bds • 0 ba • 28051 sqft
0 WENTWORTH STREET W
bds • 0 ba • 4094 sqft
1033 RAVINE ROAD
11 bds • 6 ba • sqft
1033 RAVINE ROAD
6 bds • 5 ba • sqft
1127 OSHAWA BOULEVARD N
Source: Realty.com
20 KING STREET E, Oshawa (Central), ON L1G4Y5 in Oshawa (Central), ON L1G4Y5 is a other listed at $1,800,000. Highlights include 5,000 sq. ft., $360 per sq. ft.. Realty.ca has 32 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 32 photos of 20 KING STREET E.
The full address for this home is 20 KING STREET E, Oshawa (Central), ON L1G4Y5.
20 KING STREET E has been listed on Realty.com since Thu July 09, 2026
Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.
The average walkability score in the surrounding area is Walk Score: 46/100, Transit Score: 39/100, Bike Score: 44/100.
Listing provided courtesy of:
RE/MAX EXCEL REALTY LTD.
Listing agent:
MONICA MAC
This content last refreshed on 2026-07-15 04:26:22. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.