For Sale

246 Queen Street, Toronto C01, Ontario M5V 1Z7

$0

246 Queen Street, Toronto C01, Ontario M5V 1Z7 is For Sale and has a listing price of 499,000. The property is located in the Grange Park neighbourhood . It's been on the website for 3 Days.

  • Sale Of Business
    Property Type
  • MLS ID: C12466297
  • Office Name RE/MAX GOLD REALTY INC.
Property Description

Outstanding Turnkey opportunity in the Heart of Toronto. Current revenue surpluses 1.6 Million per year. German Doner Kebab(GDK) is an international franchise now situated in the high-traffic downtown core. This modern and profitable business is a globally recognized and established brand with an innovative menu that has proven success in major markets. Fully operational franchise with contemporary interior design and state-of-the-art equipment. Backed by a well-established franchise system with robust corporate support in operations, marketing, and training. Prime location with excellent visibility and signage. Surrounded by offices, condominiums, and retail spaces with steady daytime and evening traffic. Across the preivous City TV building in the entertainment district, with heavy foot traffic, as well as a TTC station at its door step. Streamlined systems for dine-in, takeout, and third-party delivery platforms. With a global footprint, German Doner Kebab delivers a fast-casual dining experience with premium ingredients and a unique twist on a classic dish. Benefit from a growing brand in a market craving innovative food concepts. Suitable for owner-operators or investors. Option to: Continue with the existing franchise agreement and benefit or to rebrand to your own concept . 6 Years remaining on original lease term with the option to extend at 2 x 5 year terms. Opportunity to bring your own concept.

Property Details
  • MLS ID: C12466297
  • Price: $499,000
  • Lot Depth: N/A
  • Transaction Types: For Sale
  • Ref ID: C12466297
  • Year Built: N/A
  • Dir / Cross St: Queen St W / University Ave
  • Status: Active
  • Tax Year: 2024
  • Property Type: Sale Of Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
10/16/2025 C12466297 $499,000 For Sale - -
07/11/2025 C12278029 $599,000 For Sale - -
01/12/2025 C11919377 $799,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Grange Park
  • $927,736 Average List Price
    based on 1 year
  • 99 New Listings
    based on 30 days
  • 22 Median Days on Market
    based on 1 year
  • List vs. Selling Price 2.13 % Up
  • Sold (12mo) 45
  • Rented (12mo) 170

  • 1 Month Change -
  • 3 Month Change +53.8%
  • 6 Month Change +51.7%
Walkscore
Additional Details
  • Heat Type Gas Forced Air Open
  • Garage Type Y
  • Taxes: N/A
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: FLEXIBLE
  • Listing Entry Date: 16/10/2025 18:06:41
Want to see this property?