1233 Queen Street W, Toronto, ON M6K 1L5
South Parkdale · W01 · M6K 1L5
$249,500
$250 / sq ft3 months on market
- Total area
- 1,000 sf
- Lot
- 45 × 76 ft
What's special
- Street garage
- Yes
About this property
Alexander Falafel located on 1233 Queen Street West is one of the oldest Shawarma restaurants in the city. It's been running for the last 20 years and it is home to the very historical and lively Parkdale area close to downtown. People come all around to try this food and explore the area with the amount of events and places nearby like CNE, Grand Liberty and Ontario Place. Alexander Falafel is operated for long hours, 11 AM to 3 AM seven days a week. The restaurant is situated close to many renowned bars such as Rhino Bar, Motel Bar, Cadillac Lounge, Parkdale Drink and Stone Bar. It has also been recently upgraded with new equipment and completely revamped and updated with a new fresh look, ensuring that everything looks new and enticing. Overall a very profitable business with low food costs and generally it is an easy to manage restaurant.
Property details
Property
- Property type
- business
- Interior size
- 1,000 sq ft
- Lot size
- 45 × 76 ft
- Zoning
- CR 2.5 (c1.0; r2.0) SS2 (x2608)
- Possession
- Flexible
Interior
- Heating
- Gas Forced Air Closed
- Cooling
- Yes
Exterior & services
- Garage
- Street
Costs
- List price
- $249,500
- Property taxes
- $37,614 / year (2026)
- Price per sq ft
- $250
Listing
- MLS® number
- W13582764
- Status
- For sale
- Listed
- July 20, 2026
- Days on market
- 108
- Last updated
- July 22, 2026
- Listing brokerage
- RIGHT AT HOME REALTY
Price & sale history
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced above most comparable listings — about 88% of comparable business for sale listings in South Parkdale are asking less.
Based on 8 comparable active business for sale listings in South Parkdale. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $1,310.55
- Property tax (est.)
- $3,134.50
- Estimated monthly
- $4,445
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $2,220
- Toronto municipal
- $2,220
- Total due on closing
- $4,440
An estimate on the asking price of $249,500. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RIGHT AT HOME REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
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Nearby sold prices are hidden
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