51B King Street E, Oshawa, ON L1H 1B4
Well-established restaurant and banquet hall business for sale in the heart of Oshawa at 51B King St E. This turnkey opportunity offers a great combination of restaurant operations and a spacious banquet/event area with a capacity of approximately 100 guests, making it ideal for birthday parties, private celebrations, family gatherings, corporate events, and other special occasions. The business has been successfully operating with a strong clientele, good income, and an established presence in the local community. It is also set up on major delivery platforms including DoorDash, Uber Eats, and SkipTheDishes, providing additional revenue and customer exposure. With its central Oshawa location, established customer base, proven operation, and multiple income opportunities, this is an excellent opportunity for an entrepreneur or investor looking to take over a well-established and income-generating restaurant and event business. Serious inquiries only; further business and financial details are available to qualified buyers.
- MLS number
- E13709682
- Type
- Sale Of Business
- Status
- Active
- Bedrooms
- —
- Bathrooms
- —
- Postal code
- L1H 1B4
- Photos
- 38
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
- Sale Of Business
- Class
- Commercial
- Community
- Central
- Municipality
- Oshawa
- Cross street
- Albert St E And King St
- Zoning
- Cbd- A Cebtral Business
Inside
- Rooms
- 0
Land
- Lot
- 40 × 70 feet
Heating, cooling and services
- Heating
- Water Radiators
- Cooling
- Yes
- Water
- Municipal
- Sewer
- Sanitary
Listing
- MLS number
- E13709682
- Status
- New
- Previous status
- Draft
- Listed on
- 2026-08-24
- Expires
- 2026-12-31
- Board
- Toronto Regional Real Estate Board
Listing history
No previous listings found for this address.
Where this property is
Where this address sits, matched against open government data.
Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.
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 | 463 m | / 10 55% met the standard |
| Village Union Public School Durham DSB | Elementary | 791 m | / 10 46% met the standard |
| O'Neill Collegiate and Vocational Institute Durham DSB | Secondary | 954 m | / 10 67% met the standard · 2 of 6 measures |
| S A Cawker Public School Durham DSB | Elementary | 954 m | / 10 66% met the standard |
| Blaisdale Montessori | Elementary | 1.5 km | Not reported |
| Durham Alternative Secondary School Durham DSB | Secondary | 1.2 km | Not reported |
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
This neighbourhood
Statistics Canada 2021 Census, for the surrounding few blocks — about 912 people.
The neighbourhood, by the census
Statistics Canada 2021 Census for dissemination area 35180184 — the few blocks around this address, home to 912 people. It describes the area, not this property.
Percentages are of the 665 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.