4997 & 4991 Bank Street
Leitrim, ON
- 6 bath
- 4,500 sqft
- Investment
- 41 days on market
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.
Virtual Tour
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Listing Details
- Taxes (2026)
- $13,056
- Originally Listed
- $7,000,000
- Listed
- August 6, 2026
Price History
Property
- Lot Size
- 274.7 x 287.54 Feet
Parking
- Garage
- Double Detached
Location & Legal
- Cross Street
- Bank St and Rideau Rd
- Zoning
- Residential/Commercial
- Parcel Number
- 043260031
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- Appliances in each residential units
- Exclusions
- Tenants belongings
Community
Postal area K1X
- Population
- 4,594
- Private dwellings
- 1,575
- Median age
- 34.8
- Average household size
- 3
- Median household income
- $133,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Leitrim · last 12 months
- Median sold price
- $724,900
- Homes sold
- 55
- Median days on market
- 43
- Sale-to-list price
- 97.2%
Based on 55 recorded sales of commercial properties in Leitrim over the last 12 months.
Listed by
ROYAL LEPAGE TEAM REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 4,500 sq ft
- Price per sq ft
- $1,444.44
- Annual property tax
- $13,056
- Tax per sq ft
- $2.90
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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