Welcome to this remarkable sale of business located in the coveted neighborhood of Waterfront Communities C1. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $399,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
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.
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Data-driven valuation for 246 Queen Street W, Toronto C01, ON M5V 1Z7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $399,000 in Toronto, the legal minimum down payment is $19,950 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,460 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,460 also applies, bringing the total estimated land transfer taxes to $8,920.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.