$859,900
2024 Othello Avenue
Elmvale Acres/Urbandale, Ottawa
- 5 bd
- 2 ba
- House
1 / 24
$299,000
Elmvale Acres/Urbandale, Ottawa, ON K1G1A4 · MLS® X12535828
PROFITABLE & ESTABLISHED QSR GENERATING APPROX. $550,000 ANNUAL GROSS REVENUE with a loyal and growing customer base. Located at one of Ottawa's busiest intersections, St. Laurent Blvd and Smyth Rd, this rare acquisition is an ideal fit for both investors and motivated owner-operators to immediately reap significant financial benefits due to strong revenue and income. Located in a prime, high-traffic plaza with NO COMPETITION for fried chicken in the area, abutting a major transit hub with maximum exposure. The location is anchored by major national tenants (Dollarama, LCBO, Home Hardware) and receives constant foot traffic from over 20 high-rise apartments, local schools, The Ottawa Hospital, and Industrial Park, all within close vicinity. The 1,580 sq ft unit with seating for 36 is fully equipped, turnkey, and benefits from top ratings on all delivery platforms. NO FRANCHISE FEES OR RESTRICTIVE MENUS. Excellent accessibility with 500+ parking spaces. Please do not approach staff directly. (id:65933)
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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025. Property tax assumed at 1% of price.
Listed by Exp Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.