4997 & 4991 Bank Street, Leitrim, ON K1X 1G8
2501 - Leitrim, Leitrim · Near Bank St and Rideau Rd · View map
About this home
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.
The home
- Type
- Investment
- Square footage
- 4500 sq ft
- Bathrooms
- 6
- Lot size
- 274.7 x 287.5 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Baseboard
Garage & parking
- Garage
- Double Detached
- Driveway spaces
- 30
- Total parking
- 30
Taxes & other
- Property taxes
- $13,056/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- TBD
- Cross street
- Bank St and Rideau Rd
- Neighbourhood
- 2501 - Leitrim
More
- MLS® number
- X13647498
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
4997 & 4991 Bank Street, Leitrim, ON K1X 1G8
2501 - Leitrim, Leitrim · Near Bank St and Rideau Rd
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Listing history for 4997 & 4991 Bank Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 4997 & 4991 Bank Street
Answers come straight from this home’s MLS® listing.
How much is 4997 & 4991 Bank Street listed for, and what would it cost each month?
4997 & 4991 Bank Street is listed for $6,500,000. With 20% down ($1,300,000), the mortgage payment would be roughly $26,219 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $27,307 a month, all in. That figure is an illustration, not a quote.
Is 4997 & 4991 Bank Street freehold or a condo, and is there a monthly fee?
4997 & 4991 Bank Street is a investment in 2501 - Leitrim, Leitrim. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 4997 & 4991 Bank Street have a garage and parking?
Yes. The listing shows the garage as double detached. The driveway adds 30 spaces. In total the listing counts 30 parking spaces.
What style of home is 4997 & 4991 Bank Street?
4997 & 4991 Bank Street is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 4997 & 4991 Bank Street, and what is the lot size?
The lot is listed as 274.7 x 287.5 ft.
How is 4997 & 4991 Bank Street heated and cooled?
Heating is baseboard. The listing does not show air conditioning.
What are the property taxes for 4997 & 4991 Bank Street?
Property taxes are $13,056 a year (2026), or about $1,088 a month.
Where is 4997 & 4991 Bank Street?
4997 & 4991 Bank Street is in the 2501 - Leitrim community of Leitrim. The nearest main intersection is Bank St and Rideau Rd. The postal code is K1X 1G8.
Is 4997 & 4991 Bank Street still for sale?
Yes. It is an active listing (MLS® X13647498). Listings here update from the board through the day and come down once a home sells.
What have homes at 4997 & 4991 Bank Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 4997 & 4991 Bank Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Courtesy of: ROYAL LEPAGE TEAM REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.