88 King St W, Oshawa

$1,250,000

For sale: Other

Other at 88 King St W, Oshawa
Property type
Commercial Retail
MLS®
MLS® E13267270
Neighbourhood
O'Neill

Investor Opportunity in the Heart of Downtown Oshawa! Prime mixed-use 2-storey building featuring a well-established restaurant tenant on the main level, providing stable commercial income, plus a spacious 3-bedroom residential unit above with a separate private entrance. Located in a high-traffic downtown corridor near Ontario Tech University and surrounded by amenities, transit, shops, and ongoing residential developments. The property offers multiple on-site parking spaces, valuable rear lane access, and excellent exposure. An exceptional opportunity for investors, owner-operators, or developers seeking strong income potential and future upside. Situated in an area experiencing continued growth and redevelopment, this property offers significant long-term value and redevelopment potential. Buyers and their agents are responsible for verifying all measurements and taxes. Highlights: Mixed-use commercial/residential building Established restaurant tenant on main floor Spacious 3-bedroom residential unit with separate entrance Multiple on-site parking spaces Prime downtown Oshawa location Close to university, transit, shopping, and amenities Strong income potential Future redevelopment opportunities Future Development Potential: Property is zoned CBD-A.T25, permitting a broad range of commercial, residential, and mixed-use development opportunities within Oshawa's downtown core. Discussions with the City of Oshawa Planning Department indicate the current zoning allows for significant intensification potential, making this property attractive to investors, developers, and land bankers seeking long-term growth. Located in a rapidly evolving downtown area near Ontario Tech University, the site benefits from strong demand drivers, revitalization efforts, and future development prospects.

Sold data

Homes in Oshawa — recent sold market

Homes in Oshawa took a median of 20 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 37, across 470 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 39 days.

The median sale price was $649,900.

Homes sold for about 2.1% below asking on average, so there was room to negotiate.

About 24% of sales closed above the list price.

Around 17% of sellers reduced their price before finding a buyer.

Median days to sell
20
Median sale price
$649,900
Sale-to-list ratio
97.9%
Sold above asking
24%

Based on 470 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Oshawa

Oshawa has 49 Fraser Institute–rated schools (42 elementary and 7 secondary), averaging 5.0/10.

Rated schools
49
Elementary
42
Secondary
7
Average rating
5.0 / 10

Top-rated schools in Oshawa

  • Antonine MailletelementaryFraser rating 9.1/10
  • Northern DancerelementaryFraser rating 8.2/10
  • Seneca TrailelementaryFraser rating 8.1/10
  • CoronationelementaryFraser rating 7.3/10
  • John XXIIIelementaryFraser rating 6.9/10
  • Maxwell HeightssecondaryFraser rating 6.9/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 88 King St W