$1,699,000Asking Price
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!
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!
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 5 3-Piece Bathrooms | ||||
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O'Neill, Oshawa is an east GTA neighbourhood notable for its singles, renters, education, law & public sector professionals and salespeople. Residents tend to be older with a significant number of adults aged 25 to 34, 25 to 34 and 25 to 34 and seniors aged 65 to 74 and 65 to 74.
Kids Per Family
0.9
kids per family
in the neighbourhood.
53%
of residents are
single and loving it.
53% singles
Oshawa (47%)
41%
of residents
are renters.
41% renters
Oshawa (32%)
17%
of residents are
university grads.
17% university grads
Oshawa (19%)Average Household Income
$80K
is the average household
income in the neighbourhood.
Professions
| Sales | 17% |
| Trades | 9% |
| Business | 8% |
| Government | 7% |
| Management | 5% |
12%
of residents were
born outside of Canada.
12% immigrants
Oshawa (18%)2.5% from UK
All-time
0.2% from India
Recent
Foreign Languages
| French | 2% |
| Polish | 1% |
| German | 1% |
| Italian | 1% |
| Arabic | 1% |
Religions
| Christian | 68% |
| Jewish | 1% |