81 Empire ST, Welland, ON L3B 2L3
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81 Empire ST, Welland, ON L3B 2L3
81 Empire ST, Welland, ON L3B 2L3
81 Empire ST, Welland, ON L3B 2L3
81 Empire ST, Welland, ON L3B 2L3
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 3,600,000
Est. payment /mo
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Active Under Contract

81 Empire ST Welland, ON L3B 2L3

16,598 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 16,598 sqft

Price per Sqft $216

Subdivision 773 - Lincoln/Crowland

MLS Listing ID X12996888

Annual Tax Amount $33,926

Tax Year 2025

Property Sub-Type Investment

Lot Depth 200.0

Lot Front 92.37

Property Description

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.

Location

Province ON

County Niagara

Area Niagara

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 92.37

Lot Depth 200.0

Others

ParcelsYN No

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Listed by EXP REALTY

NEARBY SCHOOLS & PROPERTIES

Jethro Seymour

Jethro Seymour

Broker

+1(416) 712-0767

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81 Empire ST

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