Home · Buy · Toronto W01 · 1233 Queen Street W, Toronto, ON M6K 1L5
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For Sale · Sale Of Business
1233 Queen Street W, Toronto, ON M6K 1L5
Toronto W01 · South Parkdale
Street garage
0
Beds
—
Baths
0
Parking
1000 sq ft
Sq ft
—
Built
The honest picture
List price
$249,500
Renavu Estimate
—
Benchmark · All homes
$750,400
Listed 67% below the South Parkdale benchmark for all homes homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.
About this home
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
Listed on
July 20, 2026
Days on market
4 days
Property tax
$37,614 (2026)
Lot
45 × 76 Feet
Heating
Gas Forced Air Closed
Cooling
Yes
MLS®
W13582764
Full details
Parking
GarageStreet
Property & sold history
🔒
See this home's sale & listing history
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What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 5.0%
$
Down:or type any amount above
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$2,220
Toronto municipal LTT$2,220
Legal · title · inspection$2,800
Closing costs$7,240
Down payment$12,475
Total cash to close$19,715
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
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