Patio, building for 20 King St, Oshawa Ontario L1G 4Y5
3 hours on Market

20 King St, Oshawa, Ontario L1G 4Y5

Townhouse
6
5
~3500-5000 sqft
$1,699,000
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Townhouse
6
5
~3500-5000 sqft

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Highlights

Property Estimate

Days on market3 hours

Estimated valueNot available

Price/Sqft$412/sqft

Monthly cost

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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!


Property Details

Style2-Storey
View-
Age of property-
SqFt~3500-5000 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberE13695432
Community NameMcLaughlin
Data SourceTRREB
Listing byRE/MAX EXCEL REALTY LTD.

Features

Heating: Forced Air
Cooling: Wall Unit
Basement: Full

Parking

Garage spaces -

Garage type -

Total parking spaces 1


Property listed by RE/MAX EXCEL REALTY LTD., Brokerage
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Market Data - McLaughlin

Geo Zone Map ThumbnailMcLaughlin

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

8 days

Compared to

2025

114 days

2024

0 day

2023

0 day

New Listings

Past 30 days

2 listings

Compared to

2025

2 listings

2024

3 listings

2023

4 listings

Units sold

Past 30 days

1 unit

Compared to

2025

1 unit

2024

0 unit

2023

0 unit

Median Sold Price

Past 30 days

$553,500

Compared to

2025

$540,000


Population and Demographics

Overview

Total population 32502
Average household income $111,431

Age (%)

0 to 19
19%
20 to 34
20%
35 to 49
18%
50 to 64
22%
65 and plus
22%

Household composition (%)

Single family
63%
Single person
32%
Multi person
5%
Multi family
1%

Mother tongue (%)

English
90%
Others
5%
French
2%
Italian
1%

House tenancy (%)

Owners
64%
Renters
36%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget