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Home News Business

Legends of Fazio’s Shutters After Significant Oshawa Steakhouse Rent Debt

Maya by Maya
April 17, 2026
in Business, News
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A prominent fixture in the downtown Oshawa dining scene has abruptly closed its doors, leaving a substantial financial void in its wake. Legends of Fazio’s, located at 33 Simcoe St. S., has been shuttered by its landlord following a reported Oshawa steakhouse rent debt totaling nearly $70,000. A formal notice from a bailiff, dated April 10, was discovered posted on the front entrance of the establishment, informing the owners and the public that the locks have been changed and the premises secured. The closure marks the end of a five-year run for the restaurant, which had sought to carry on the legacy of one of the city’s most storied culinary landmarks.

The landlord, WJW Canada Inc. of Thornhill, authorized the seizure of the property after the business failed to maintain its lease obligations. According to the posted signage, the specific Oshawa steakhouse rent debt stands at $69,911.94. The bailiff’s notice further stipulated that the business owners were granted a five-day window to coordinate the removal of any personal assets and property, after which any remaining items would be placed into storage. Entry to the building for the purpose of retrieving belongings is now strictly prohibited without the express permission of the property owners.

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The restaurant was opened in 2019 by Thas Thurairasa, who intended the business to serve as an homage to the original Fazio’s. The predecessor had been a downtown Oshawa mainstay for 38 years, gaining national acclaim for its massive wine cellar containing over 20,000 bottles. When the original owner, Tino Fazio, retired in 2017 and sold the building, Thurairasa stepped in two years later to revive the spirit of the location under the “Legends” branding. Despite celebrating its five-year anniversary recently, the mounting Oshawa steakhouse rent debt ultimately proved insurmountable for the operation.

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The sudden disappearance of Legends of Fazio’s adds to a shifting landscape in the Oshawa core, where local businesses continue to navigate post-pandemic economic pressures and rising commercial costs. The loss of the steakhouse is particularly felt by long-time patrons who viewed the location as a direct link to the city’s gastronomic history. While the physical assets of the restaurant are being cleared, it remains uncertain if any new tenant will take over the historic Simcoe Street space or if the “Fazio” name will see another iteration in the future.

For now, the darkened windows and legal notices at 33 Simcoe St. S. serve as a stark reminder of the challenges facing the local hospitality sector. As the landlord moves to settle the Oshawa steakhouse rent debt through the potential sale or storage of onsite assets, the downtown community loses one of its primary fine-dining destinations. Neither the restaurant management nor the landlord has released a further public statement regarding the future of the staff or the potential for a relocation of the brand.

Tags: Business DebtCommercial RentDowntown OshawaDurham Region NewsFazio's OshawaLegends of FaziosOshawa businessOshawa DiningRestaurant ClosingSimcoe Street
Maya

Maya

I am an Editorial Contributor at AllAboutDurham.com, working under the Managing Editor. I specialize in lifestyle and community-focused news and work to deliver well-researched, meaningful content that represents Durham’s diverse and growing community.

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