$3,600,000 Sale

Listed 1 day

81 Empire Street

MLS® x14158412 Investment

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Beds · 0

Baths · 0

Parking · -

Sqft · -

Est. mortgage

$13,657/mo

Property Taxes

$33,926/yr

Key Facts

Key facts for 81 Empire Street

Property Type

Commercial

Parking

None

MLS #

X14158412

Size

Basement

Listed on

2026-11-03

Lot size

92 x 200.0

Tax

$33,926 /yr

Days on Market

Approximate Age

Maintenance Fee

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 balc...onies. 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.

Full Property Details

General

Business Type

Total Area

16598.00 Square Feet

Sprinklers

Drive-In Level Shipping Doors

Double Man Shipping Doors

Grade Level Shipping Doors

Truck Level Shipping Doors

Business Type

Total Area

16598.00 Square Feet

Sprinklers

Drive-In Level Shipping Doors

Double Man Shipping Doors

Grade Level Shipping Doors

Truck Level Shipping Doors

Interior

Washrooms

Heating Fuel

Gas Forced Air Open

Air Conditioning

Yes

Washrooms

Heating Fuel

Gas Forced Air Open

Air Conditioning

Yes

Exterior

Depth

200.0

Front

92.37

Lot Size

92 x 200.0 ft

Parking Spaces

Total Parking Spaces

Parking Description

None

Garage Spaces

Zoning

Depth

200.0

Front

92.37

Lot Size

92 x 200.0 ft

Parking Spaces

Total Parking Spaces

Parking Description

None

Garage Spaces

Zoning

Building Description

Home Type

Commercial

Subtype

Investment

Water Supply

Municipal

Possession Date

No Data

Home Type

Commercial

Subtype

Investment

Water Supply

Municipal

Possession Date

No Data

Community

Lincoln/Crowland

Community

Lincoln/Crowland

Taxes & Fees

Taxes

$33,926 /yr

Tax Year

2025

Occupancy

Tenant

Taxes

$33,926 /yr

Tax Year

2025

Occupancy

Tenant

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A Team Realty

Email: [email protected] Cell: 647-913-0470