1700 simcoe Road North, Oshawa (Samac) - Business for Sale
1700 simcoe Road North, Oshawa (Samac), Ontario, L1G4X9
Description
Profitable & Turnkey Authentic Indian/Gujarati Restaurant For Sale, An incredible opportunity to own a well-established, highly profitable, and turnkey authentic Gujarati/Indian restaurant in a prime Oshawa location! Serving the Durham region with an exceptional reputation, this business boasts a proven track record of consistently increasing sales volume across three strong revenue streams: dine-in, take-out, and catering.The restaurant features a spacious layout with a 50+ seating capacity and a dedicated buffet corner, making it perfect for hosting private parties and family gatherings. Positioned in a bustling, high-traffic plaza anchored by major tenants, the business benefits from massive visibility. It is exceptionally well-known within the local student community, thanks to its close proximity to university campuses and major student housing.Equipped with a fully loaded commercial kitchen-including a walk-in cooler, a 12-foot industrial hood exhaust system, a variety of gas stoves, a dedicated wash station, and ample bulk storage-this space is built for high-volume efficiency. For entrepreneurs looking to bring a different vision, the zoning allows for conversion to a variety of other restaurant concepts upon landlord approval. (id:66096)
Property Details
- MLS®
- E13218156
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- COMMERCIAL
- Frontage
- 40 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 158 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 158 days on market, against an average age of 59 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 29 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 99.2 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Oshawa (Samac) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L1G)
This home lists at $299,000, about 4.0× the local median household income of $75,500.
Carrying it typically needs a household income of about $58,405 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $75,500
- Population
- 43,497
- Median age
- 43.2
- Owner / renter
- 56% / 44%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA L1G)
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$299,000
Oshawa