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1233 Queen Street

1233 Queen Street

Toronto W01, ON

  • 1,000 sqft
  • Sale Of Business
  • 51 days on market
$249,500

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.

Listing Details

Taxes (2026)
$37,614
Listed
July 20, 2026

Price History

Property

Lot Size
45 x 76 Feet

Parking

Garage
Street

Location & Legal

Cross Street
Queen st W and Dufferin
Zoning
CR 2.5 (c1.0; r2.0) SS2 (x2608)
Parcel Number
213020187
Possession
Flexible
Occupancy
Owner+Tenant

Commercial

Business Type
Fast Food/Takeout

Community

Postal area M6K

Population
42,110
Private dwellings
25,403
Median age
35.6
Average household size
1.8
Median household income
$72,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Toronto W01 · last 12 months

Median sold price
$1,005,000
Homes sold
475
Median days on market
15
Sale-to-list price
101.1%

Based on 475 recorded sales of commercial properties in Toronto W01 over the last 12 months.

Listed by

RIGHT AT HOME REALTY

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
1,000 sq ft
Price per sq ft
$249.50
Annual property tax
$37,614
Tax per sq ft
$37.61

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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