$499,900
4482 Harper Avenue
Carson Grove, Ottawa
- 2 bd
- 2 ba
- Row / Townhouse
1 / 3
$119,000
Carson Grove, Ottawa, ON K1J9L3 · MLS® X13176036
Opportunity Knocks! Great Business inside busy Gloucester Mall adjacent to Blair Station in the food court, Mr Cheezy Pizza benefits from one of Ottawa East's strongest commuter-oriented retail corridors. This restaurant enjoys consistent foot traffic generated by Gloucester Centre shoppers, OC Transpo , Highway 174 Commuters, LRT commuters, nearby office employees of CICS, NRC and other businesses, students, and surrounding residential neighborhoods. Its location within a major transit-connected shopping hub creates strong visibility and accessibility for dine-in, takeout, and delivery business. The restaurant specializes in pizza, pasta, wings, salads, and halal-friendly offerings. The business model aligns well with current Ottawa dining trends favoring affordable comfort food and quick-service dining. One of the location's strongest advantages is its direct connection to Blair Station and Gloucester Centre, which continue to experience significant pedestrian traffic due to Ottawa's expanding LRT infrastructure and surrounding mixed-use intensification. The owner has added many new food to the menu and increased the sale. (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 Power Marketing Real Estate Inc..
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.