For sale

$3,600,000

Est. $17,073/mo

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— ba

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16,598

sq ft

81 Empire St, Welland, ON L3B 2L3

About this home

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:51075)

Multi-familyProperty Type

$217Price/Sq.Ft.

Listed by Justin Salazar • EXP REALTY

Listed by Jack Anbara • EXP REALTY

Listing updated: May 24, 2026 at 04:16pm

Redfin checked: 17 minutes ago

•Source:CREA #X12996888

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Around this home

Schools
Places
Transit

1.0km

Plymouth Public School

Public, JK-8 • Assigned

1.1km

Notre Dame College School

Public, 9-12 • Assigned

Provided by Local Logic

Lifestyle

Provided by Walk Score and Local Logic

Property details

Interior
Exterior

Kitchen

Bathroom

Bedroom

Living

Interior features
Fully air conditioned

Heating & cooling
Natural gas heating
Has cooling

Sale and tax history for 81 Empire St

Sale History
Tax History

This is a new listing, so no sales records exist yet. As the MLS and public records start to fill up, we'll list the details here.

Public record

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Year renovated

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Finished Sq. Ft.

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Unfinished Sq. Ft.

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Total Sq. Ft.

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Year built

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Style

Single Family Residential

Region

Niagara Region

Parking Spaces

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Basement

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Accessible

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Garage

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Last updated by owner on Aug 9, 2023.

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