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89 Simcoe Street

89 Simcoe Street

Oshawa, ON

  • 3 bath
  • 2,000 sqft
  • Sale Of Business
$99,000

Well-Established And Well-Known Chinese Restaurant In Oshawa! A Stable And Profitable Area Business With Over 40 Years Of History. Ideally Located Near The Hospital, Community Centre, University Campus, Residential Communities And Schools, Offering A Steady Customer Base. Approximately 75% Takeout Business, Making It Easy To Operate. Currently Generating Approximately $13,000 In Weekly Sales As Per Seller. Low Rent, Stable Business, And Turnkey Operation With Excellent Potential To Further Increase Sales. Seller Willing To Provide Training To Ensure A Smooth Transition. Landlord Willing To Offer A New Long-Term Lease. Freestanding Building With Its Own Parking Lot. An Excellent Opportunity To Own A Long-Established Restaurant With A Loyal Customer Base!

Listing Details

Taxes (2026)
$1
Listed
October 28, 2026

Price History

Listing history

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Parking

Garage
None

Location & Legal

Cross Street
Bruce St / Simcoe St S
Zoning
Rest
Possession
Flexible
Occupancy
Tenant

Commercial

Business Type
Restaurant

Included

Inclusions
All The Chattels And Equipment Are Included. **EXTRAS** Rent $4,780/ Monthly (Include Tmi , Hst), Landlord Will Provide A New Lease Starts From Feb 1st, 2027.

Community

Postal area L1G

Population
43,497
Private dwellings
19,291
Median age
43.2
Average household size
2.3
Median household income
$75,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Oshawa · last 12 months

Median sold price
$670,000
Homes sold
1,846
Median days on market
19
Sale-to-list price
99.5%

Based on 1,846 recorded sales of commercial properties in Oshawa over the last 12 months.

Listed by

BAY STREET GROUP INC.

Walk Score

97

Walk

56

Transit

81

Bike

Scores by Walk Score®

Commercial figures

Building area
2,000 sq ft
Price per sq ft
$49.50
Annual property tax
$1
Tax per sq ft
$0.00

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

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