1233 QUEEN STREET W, Toronto (South Parkdale)

$249,500

For sale: Other

Other at 1233 QUEEN STREET W, Toronto (South Parkdale)
Property type
Sale Of Business
MLS®
MLS® W13582764
Neighbourhood
South Parkdale

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.

Sold data

Homes in South Parkdale — recent sold market

Homes in South Parkdale took a median of 28 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 53, across 86 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.

The median sale price was $650,900.

Homes sold for about 3.4% below asking on average, so there was room to negotiate.

About 14% of sales closed above the list price.

Around 16% of sellers reduced their price before finding a buyer.

Median days to sell
28
Median sale price
$650,900
Sale-to-list ratio
96.6%
Sold above asking
14%

Based on 86 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (South Parkdale)

Toronto (South Parkdale) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (South Parkdale)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

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

Currently for sale

Homes for sale near 1233 QUEEN STREET W