51B King Street E

Central, Oshawa, L1H 1B4

$79,999

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Listed 56 days ago · MLS® E13709682

About this home

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.

Details

Type
Sale Of Business
Lot
40 × 70 ft
Garage
None
Neighbourhood
Central
Municipality
Oshawa

Heating, cooling and services

Heating
Water Radiators
Air conditioning
Yes
Water and sewer
Sanitary
Utilities
Available

Building and exterior

Building area
2,700 Square Feet

More

Possession
TBA
Cross street
Albert St E And King St
Business type
Restaurant

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Very walkable

  • 🚆 Whitby GO7.2 km

Within a 10-minute walk: 3 grocery stores, 51 cafés and restaurants, 10 parks, 5 pharmacies. Nearest grocery: Lucky Supermarket (350 m). Nearest park: Veterans Square (200 m).

Schools nearby

Elementary

  • Mary Street Community School
    EQAO: Gr 6 reading 85%, math 57%
    6 min walk
  • Village Union Public School
    EQAO: Gr 6 reading 67%, math 20%
    1.2 km
  • Coronation Public School
    EQAO: Gr 6 reading 79%, math 55%
    1.4 km
  • St. Hedwig Catholic School Catholic
    EQAO: Gr 6 reading 93%, math 27%
    1.6 km

Secondary

  • Durham Alternative Secondary School - Oshawa12 min walk
  • O'Neill Collegiate and Vocational Institute
    EQAO: Gr 9 math 49%, literacy test 84%
    15 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L1H

Owners / renters
59% / 41%
Median household income
$73,500
Average age
42
Children under 15
15%
Homes
55% detached, 8% high-rise
Commute by transit
6%
Population
32,298

Languages spoken most at home besides English: Tagalog (Pilipino, Filipino) 0.6%, Spanish 0.5%, Polish 0.4%, Tamil 0.4%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area in Central Lake Ontario Conservation’s mapping.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Crime Severity Index for Durham Region (Oshawa/Whitby/Ajax) police: 43 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Flood and regulation mapping: Central Lake Ontario Conservation open data. Crime Severity Index: Statistics Canada.

Living here

Commute

To Union Station (downtown Toronto): 50 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by PINNACLE ONE REAL ESTATE INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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