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81 EMPIRE STREET
Welland (Lincoln/Crowland) Ontario L3B2L3 Canada

$3,600,000

Active Listing ID X12996888
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16,598 square feet
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Multi-family

$3,600,000

Active Listing ID X12996888
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81 EMPIRE STREET 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. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: Fully air conditioned
  • Heating Systems: Forced air, Natural gas, Other
  • Additional Features
  • Basement
Listing Changed: 4/24/2026 5:45:35 AM GMT
Source Updated Date: 4/27/2026 2:27:27 PM GMT

Courtesy of: Justin Salazar, Salesperson, EXP REALTY