Space
Finished area and layout
- Living Area
- 4,500 sqft
- Building Area
- 4,500 sqft
- Bathrooms
- 6
+26 more
6
Bathrooms
4,500 sqft
Living Area
4,500 ac
Lot
30
Parking
Property Snapshot
Key details for this listing
MLS #X13647498
Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
- Ownership
- Freehold
About This Property
This 6-bathroom multi-family in Ottawa offers 4,500 sqft of living area on a 4,500 ac lot. The property has lot dimensions of 4500. The home features baseboard heaters, forced air, natural gas heating, none.
MLS Remarks
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. (id:60351)
Full Listing Details
Address4997 & 4991 BANK STREET
MLS#X13647498
Listing StatusActive
Property TypeResidential
Sub-TypeMulti-family
TransactionSale
List DateAug 6, 2026
Days on Market81
Common InterestFreehold
Annual Tax$13,056 (2025)
Parking30
Structure TypeMulti-Family
AttachedAttached
StyleMultiplex
Bathrooms6
Living Area4,500 sqft
CityOttawa
ProvinceOntario
Postal CodeK1X1G8
Lot Size4,500 ac
Lot Dimensions4500
Frontage274.8 feet
Zoning DetailsResidential/Commercial
Total Parking30
HeatingBaseboard heaters, Forced air, Natural gas
CoolingNone
Water SourceMunicipal water
Annual Tax$13,056 (2025)
Cross Streets: Bank St and Rideau Rd. ** Directions: Bank St south to 4977 Bank.
Looking for Something Similar?
We can help you find properties matching your criteria, including exclusive listings not yet on the market.
Save favorites, track showings, view sold data & get market alerts — Free account — 100% free
