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For Sale

4997 & 4991 Bank Street, Leitrim, ON K1X 1G8

$6,500,000

  • 6 Bathrooms
  • Investment
  • MLS® X13647498

Listing Brokerage: ROYAL LEPAGE TEAM REALTY

Description

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 details

MLS® number
X13647498
Transaction
For Sale
Property type
Commercial
Style / use
Investment
Community
2501 - Leitrim
City
Leitrim
Bathrooms
6
Building area
4500 Square Feet
Lot width
274.7 Feet
Lot depth
287.54 Feet
Heating
Baseboard
Cooling
No
Garage
Double Detached
Taxes
$13,056.41
Tax year
2026
Listing brokerage
ROYAL LEPAGE TEAM REALTY

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