Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

1608 Queen Street E, Toronto, ON M4L 1G2

Sale Of Business
$159,000

Shawarma Day( Halal Cuisine) Well Established Famous Shawarma, Mediterranean Cuisine Offering Healthy & Tasty Kebab, Popular Foods With Excellent Clientele Base In Very Busy Area Queen/Coxswell With New Condo Development Directly Across the Road. Turnkey Solutions To Start Your Own Business. Kitchen With 10Ft Hood And New Equipment, Walk-In Cooler. One Designated Parking. Gross Rent $5,594.82, including HST, Expired January 2029 plus 5 Option.

MLS number
E13766300
Type
Sale Of Business
Status
Active
Bedrooms
Bathrooms
Postal code
M4L 1G2
Photos
12
Property tax
$20,595 / year
1days · this listing
1days · this property

This property has not been relisted in the last two years, so both counts are the same. Where they differ, the second adds up earlier listings at this address that ended without a sale.

Listing history

No previous listings found for this address.

Where this home is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries this address is inside

Duke of Connaught Junior and Senior Public School7.1 / 10
Elementary · Regular Track
TDSB boundary
Monarch Park Collegiate Institute7.9 / 10
Secondary · Regular Track
TDSB boundary
Where these boundaries come from, and what they are worth

A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.

Toronto. Read from the TDSB’s own School Search Map, one school at a time. The board states that the lines on that map are approximate and that the schools serving an individual address must be confirmed against its own address lookup — so the outline here shows you roughly where a boundary runs, and the board answers whether a particular house is in it. The map covers home schools only: French Immersion, gifted and the other optional programs have their own boundaries and their own admission rules, and are not shown.

Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: TDSB Find Your School.

Sources: TDSB School Search Map — the board states these lines are approximate and that individual addresses must be confirmed against its own lookup.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Equinox Holistic Alternative School
Toronto DSB
Elementary869 m8.3 / 10
83% met the standard
Roden Public School
Toronto DSB
Elementary955 m6.5 / 10
65% met the standard
Bowmore Road Junior and Senior Public School
Toronto DSB
Elementary1.2 km6.4 / 10
64% met the standard
ÉÉC Georges-Étienne-Cartier
CS catholique MonAvenir
Elementary1.3 km8.0 / 10
80% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 535 people.

$106,000Median household income
63.3%Own their home
34%Detached houses
37.6Median age
24.8%Born outside Canada
51.2%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35203217 — the few blocks around this address, home to 535 people. It describes the area, not this property.

535Population
36.9Average age
2.3Household size
$141,000Average household income
$106,000Median household income
63%Own their home
37%Rent
6%Condominiums
25%Born outside Canada
51%University degree
$1,080,000Average home value
10%Low income
24%Not in the labour force
27%Never married
Under $5,0001%
$20,000 to $24,9991%
$25,000 to $29,9993%
$30,000 to $34,9993%
$35,000 to $39,9991%
$40,000 to $44,9991%
$45,000 to $49,9993%
$50,000 to $59,9993%
$60,000 to $69,9994%
$70,000 to $79,9993%
$80,000 to $89,9993%
$90,000 to $99,9994%
$100,000 and over35%
$100,000 to $124,9999%
$125,000 to $149,9994%
$150,000 to $199,99911%
$200,000 and over12%

Percentages are of the 375 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$31,800 · minimum here is $7,950
$704.02per month
Borrowed before insurance$127,200
Total borrowed$127,200
Interest over 25 years at 4.5%$84,005

If you rented it out

Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.

-$2,155.27per month out of pocket
Rent$265.00
Everything it costs to hold$2,420.27
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

What’s being built nearby

Planning applications within 500 m — 5 still in progress.

1700 QUEEN ST E320 m
Council Approved · applied April 28, 2025

Official Plan & Zoning By-law Amendment for a 10-storey mixed-use building with a height of 34.95 metres (plus a 5.5 metre mechanical penthouse).…

City planning file →
1594 QUEEN ST E246 m
Under Review · applied October 25, 2022

Rezoning for proposed 6-storey mixed-use building with 181 m² of non-residential gross floor area at grade and 30 residential units above (2,526 m² residential gfa).

City planning file →
17 RHODES AVE187 m
Under Review · applied May 11, 2022

Site Plan Application to convert existing church to a 4-storey, 26-unit apartment building.

City planning file →
1702 QUEEN ST E340 m
Under Review · applied November 7, 2021

Site Plan Approval for a 6-storey mixed-use building having a non-residential gross floor area of 1120 square metres, and a residential gross floor area of 9201 square metres. 91 residential dwelling units are proposed.

City planning file →
1702 QUEEN ST E340 m
Under Review · applied November 7, 2021

Draft Plan of Subdivision for 3 Block.

City planning file →
1555 QUEEN ST E353 m
Closed · applied April 23, 2024

Part Lot Control application for lands at 1050-1060 Eastern Avenue (Formerly 1555-1575 Queen Street East)

City planning file →
1555 QUEEN ST E353 m
Closed · applied April 16, 2024

Draft Plan of Condominium for a mixed use building with one level of underground garage containing 367 residential units and 152 residential parking units.

City planning file →
230 COXWELL AVE443 m
Closed · applied February 9, 2023

To construct a new four-storey apartment building with a height of 13.2 metres, 20 affordable rental units, a gross floor area of 1,173 square metres, and zero vehicular parking spaces.

City planning file →
What these are

These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.

Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.

Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.

Listed by RE/MAX METROPOLIS REALTY. Listing data provided by the Toronto Regional Real Estate Board.