4997 & 4991 Bank Street, Leitrim, ON K1X 1G8
Leitrim, ON K1X 1G8
About this property
An exceptional investment opportunity in the heart of South Ottawa on high-visibility Bank Street! This income-producing property offers an outstanding opportunity with multiple revenue streams, making it an ideal addition to any real estate portfolio. The property features a well-maintained five-unit apartment building (4-2 bedroom units, 1-1 bedroom unit), plus a versatile commercial/office space at the front of the building consisting of an large open room and convenient powder room-perfect for a retail shop, professional office, studio, or service-based business. In addition to rent, there is an on site coin operated laundry facility. Adding even more value is a separately rented garage currently occupied by a busy car lot, providing additional stable rental income. Included with the property is a vacant lot (presently used by car lot), presenting exciting future potential for expansion, redevelopment (subject to approvals), additional parking, or other value-added opportunities. With RC2 zoning this property is ideally situated on one of Ottawa's busiest commercial corridors, this property benefits from exceptional exposure, easy access to transit, and close proximity to shopping, restaurants, and numerous amenities, making it highly attractive to both residential and commercial tenants. The main building also features a newer roof (2018), offering added peace of mind for investors. Whether you're looking to expand your investment portfolio or secure a prime mixed-use property with strong income and future upside, this is a rare opportunity in a sought-after location.
Property facts & features
- Days on market
- Not reported
- Property type
- Investment
- MLS® number
- X13647498
- Source status
- Price Change
- Bedrooms
- Not provided
- Bathrooms
- 6
- Reported interior area
- 4500
- Neighbourhood
- Not provided
- Postal code
- K1X 1G8
- Garage
- Double Detached
- Lot depth (source units)
- 287.54
- Annual property tax
- 13056.41
- Basement
- Not provided
- Laundry
- Not provided
- Interior features
- Not provided
- Exterior features
- Not provided
- MLS entry age (not confirmed DOM)
- 87 days
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
Price Change · $6,500,000
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in Leitrim →Listing brokerage: ROYAL LEPAGE TEAM REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13647498. Information deemed reliable but not guaranteed.