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$99,000

89 Simcoe St S

Oshawa, ON L1G 4R8

89 Simcoe St S, Oshawa — Listed at $99,000, 3 bathroom Sale Of Business. MLS® E14125154.

Possession · seller's timeline

Flexible

3Baths
2,000Sq Ft
Restaurant
Sale Of Business
$1Taxes/yr · 2026
See similar properties in this price range

Description

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!

Property Details

Property TypeSale Of Business
CommunityCentral
Washrooms3
Dir/Cross StBruce St / Simcoe St S
Garage TypeNone
Heating TypeGas Forced Air Open
A/CYes
Taxes (2026)$1
HSTNot Subject to HST
Listed Date10/28/2026
Days on Market15 days
PossessionTBA

Business Details

Property Sub-TypeSale Of Business
Business TypeRestaurant
Business NameHONG KONG HOUSE
Property UseWithout Property
Occupant TypeTenant
Hours of Operation12-21
FranchiseNo
Chattels IncludedYes
Seating Capacity20
Full-Time Employees4
Financial StatementsNot Available
Showing RequirementsGo Direct
Possession TypeFlexible
Listing Expires6/30/2027

Commercial Space & Financials

Retail Area2,000 Sq Ft
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

Property Insights

Listing Courtesy of: BAY STREET GROUP INC.

MLS® #E14125154

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

HouseIndex Take: 89 Simcoe Street S

This sale of business is located in the Central neighbourhood of Oshawa.

The home offers 3 bathrooms.

Listed at $99,000 CAD with annual property taxes of $1 (2026).

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About Oshawa Real Estate

This Sale Of Business is located in the Central community in Oshawa. Oshawa is Durham Region's largest city and home to Ontario Tech University and Durham College. The city offers the GTA's most affordable detached homes with GO Transit connectivity to downtown Toronto. The Oshawa Centre, revitalized downtown core, and Lakeview Park provide amenities, while the 401/407 interchange ensures highway access.

Most affordable GTA detached homesOntario Tech University & Durham CollegeOshawa GO — 60 min to UnionLakeview Park & waterfront trail
~60 min commute to downtown TorontoWalkability: Moderate near downtown — car-oriented suburbs