246 Queen St W

Toronto C01 | Kensington-Chinatown | M5V 1Z7

$989,000

Est. Mtg $3,353 /mo
  • Days on market

  • Status

Listing Broker ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Since listed: 1 views

Home details

MLS #:

C9390858

Property type:
Sale Of Business
Style:
Taxes:
$0
Possession:
TBD

Description


246 Queen St W, , Toronto, Ontario is a Sale Of Business property in Toronto C01 and in the Kensington-Chinatown community in the M5V 1Z7 postal code


We're excited to bring to you a new high sales and high income producing restaurant opportunity in the heart of downtown Toronto situated at Queen W & University. German Doner Kebab (GDK) is now available for a new franchisee with total revenue just shy of $2,000,000.00. This opportunity is a smart move for anyone looking to tap into the fast-casual dining market with a unique twist. GDK offers a fresh, high-quality product that stands out from traditional fast food, combining the rich flavors of authentic doner kebabs with a modern, healthier approach. With a proven track record of success in multiple countries, GDK attracts a diverse customer base, ensuring strong repeat business. As a franchisee, you'll benefit from comprehensive support, including marketing, training, and operational guidance, making it an exciting and profitable opportunity in the growing demand for global street food experiences. Please do not go direct or speak to staff. Your discretion is appreciated..

Extras

* Net Rent = $20,000.00 * 7 Years Remaining + 2 x 5 Year Renewal Options * 160 Locations Worldwide * Royalties = $1500/month * Advertising = 1% of Net Sales *.


History

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List Date End Date List Price End Price Status MLS #
2024-11 $989,000 $989,000 C9390858

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Toronto C01 :

Average sale price

$937,019

Properties sold

382

New Listings

962

Days on Market

16

Sale $ / List $

103%

Year on Year Growth

-0.62%



Estimated running costs for 246 Queen St W

Based on available 3rd party data

$3488

Approximate costs per month

Mortgage
$3353 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$0 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Data Source: TRREB

Payment calculator

$3353 monthly. In association with: TD Bank
%
  • Principal and Interest
    3353 /mo
  • Property Taxes
    $0 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Sandro Rocciolo, Realtor

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