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81 Empire Street, Welland, ON L3B 2L3

Welland, ON, L3B 2L3 · 773 - Lincoln/Crowland

Sq Ft
Investment Type
X12996888 MLS#

About this property

Exceptional turnkey 17-unit apartment building in Welland offered at a 5.5% cap rate with approximately $3,300,000 in assumable financing at 4.75% through June 2029. Fully renovated throughout, all suites offer modern finishes, heat pumps, and in-suite laundry, with most units featuring private balconies. A major value driver is the 5 units added around 2022, which are exempt from Ontario rent control and create outstanding future rental growth potential. Professionally managed and highly stabilized, this is a rare opportunity to acquire a low-maintenance, cash-flowing multifamily asset with built-in upside and favourable debt already in place. Please note all measurements, lot sizes and building sizes in the listing are approximate and are to be confirmed by the Buyer.

Features & Amenities

  • Garage: None
  • Cooling: Yes
  • Heat Type: Gas Forced Air Open

Property Details

Property Type Commercial
Property Sub-Type Investment
Garage None
Heat Type Gas Forced Air Open
Cooling Yes
Annual Tax $33,926
Tax Year 2025

Building & Construction

Building Area Total
16598

Heating & Cooling

Heat Type
Gas Forced Air Open
Cooling
Yes

Parking & Garage

Garage Type
None

Lot & Land

Lot Size Units
Feet
Lot Depth
200.00
Lot Width
92.37

Financial & Tax

Tax Annual Amount
$33,926
Tax Year
2025
Possession Type
Flexible
Possession Details
TBD

Utilities & Services

Utilities
Yes

Additional Details

Occupant Type
Tenant
County Or Parish
Niagara
Cross Street
Empire St/Welland St
Directions
From Niagara St, head east on Empire St ; property located on south side of Empire.
Showing Requirements
List Salesperson

Location

81 Empire Street, Welland, ON L3B 2L3, Welland, ON, L3B 2L3

Listing courtesy of EXP REALTY
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