4997 & 4991 Bank Street, Leitrim, ON K1X 1G8
Leitrim
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 4997 & 4991 Bank Street, Leitrim, ON K1X 1G8
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MLS# X13647498
Listed by ROYAL LEPAGE TEAM REALTY
On market since Aug 6, 2026
4997 & 4991 Bank Street, Leitrim, ON K1X 1G8 is listed for $7,000,000 CAD.
4997 & 4991 Bank Street, Leitrim, ON K1X 1G8 has 6 bathrooms.
4997 & 4991 Bank Street, Leitrim, ON K1X 1G8 is a Investment, 4,500 sq ft.
4997 & 4991 Bank Street, Leitrim, ON K1X 1G8 is in Leitrim, Ontario.
4997 & 4991 Bank Street, Leitrim, ON K1X 1G8 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 4997 & 4991 Bank Street, Leitrim, ON K1X 1G8 (MLS# X13647498). You can also send a message through the contact form on this site.
