20 King Street E, Oshawa, ON L1G 4Y5
- Property tax
- $12,237 / year
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!
- MLS number
- E13695432
- Type
- Att/Row/Townhouse
- Status
- Active
- Bedrooms
- 6
- Bathrooms
- 5
- Postal code
- L1G 4Y5
- Photos
- 32
- Laundry
- Not in the unit
This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.
Property details
As filed by the listing brokerage. Anything the board left blank is left out rather than shown as unknown — and none of it is guaranteed accurate by PropTx, so verify what you rely on.
Property
- Type
- Att/Row/Townhouse
- Style
- 2-Storey
- Class
- Residential Freehold
- Fronting on
- East
- Community
- Central
- Municipality
- Oshawa
- Cross street
- Simcoe & King
- Zoning
- Commercial/ multi use
Inside
- Bedrooms
- 6
- Bedrooms above grade
- 6
- Bathrooms
- 5
- Washrooms
- 5
- Kitchens
- 4
- Rooms
- 0
- Rooms above grade
- 12
- Basement
- Full
- Size
- 3500-5000
Building
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Concrete
Parking
- Garage
- Other
- Covered spaces
- 0
- Driveway spaces
- 1
- Total parking
- 1
Land
- Lot
- 0 × 0 feet
- Pool
- None
Heating, cooling and services
- Heating
- Forced Air
- Heat source
- Gas
- Cooling
- Wall Unit(s)
- Water
- Municipal
- Sewer
- Septic
Features
- Interior
- Carpet Free
Listing
- MLS number
- E13695432
- Status
- New
- Previous status
- Draft
- Listed on
- 2026-08-19
- Expires
- 2026-12-12
- Taxes
- $12,237 (2026)
- Board
- Toronto Regional Real Estate Board
Listing history
This address has been listed 2 times.
Where this property is
Where this address sits, matched against open government data.
Matched to this street. The listing did not say which direction, and every candidate was in the same place.
Schools
The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.
Other schools nearby
By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.
| School | Level | Distance | Rating |
|---|---|---|---|
| Mary Street Community School Durham DSB | Elementary | 332 m | / 10 55% met the standard |
| Village Union Public School Durham DSB | Elementary | 827 m | / 10 46% met the standard |
| O'Neill Collegiate and Vocational Institute Durham DSB | Secondary | 912 m | / 10 67% met the standard · 2 of 6 measures |
| S A Cawker Public School Durham DSB | Elementary | 912 m | / 10 66% met the standard |
| Blaisdale Montessori | Elementary | 1.6 km | Not reported |
| St Thomas Aquinas Catholic School Durham CDSB | Elementary | 1.7 km | / 10 64% met the standard |
How the rating is calculated
EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.
Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.
What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.
Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.
H-Value
What an H-Value is and how it is calculated — the method and our measured error, no account needed.
The market around this home
Att/Row/Townhouses in Oshawa — 329 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.
How these are built, and what they cannot tell you
Each point is the median of the sales that closed in that quarter among att/row/townhouses in oshawa. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.
This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.
Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.
This neighbourhood
Statistics Canada 2021 Census, for the surrounding few blocks — about 611 people.
The neighbourhood, by the census
Statistics Canada 2021 Census for dissemination area 35180186 — the few blocks around this address, home to 611 people. It describes the area, not this property.
Percentages are of the 410 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.
Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.
Work out the numbers
Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.
If you rented it out
How this is calculated, and what it leaves out
Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.
Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.
Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.