Space
Finished area and layout
- Living Area
- 16,598 sqft
+45 more
16,598 sqft
Living Area
92.37 x 200 ft
Lot
Property Snapshot
Key details for this listing
MLS #X12996888
Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
- Ownership
- Freehold
Lot
Land, frontage and setting
- Lot
- 92.37 x 200 ft - 92.37 x 200 FT
About This Property
This multi-family in Welland offers 16,598 sqft of living area on a 92.37 x 200 ft lot. The property has lot dimensions of 92.37 x 200 FT. The home features forced air, natural gas, other heating, fully air conditioned.
MLS Remarks
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:60351)
Inclusions
To be confirmed by the Vendor.
Listing History
MLS# X12996888| Date | Event | MLS# | Price | Change |
|---|---|---|---|---|
| Apr 14, 2026 | Listed For Sale | X12996888 | $3,600,000 | — |
| Apr 13, 2026 | Listed For Sale | X12996888 | $3,600,000 | — |
MLS data tracked by our system. Earlier records or land registry transfers may not be shown.
Full Listing Details
Address81 EMPIRE STREET
MLS#X12996888
Listing StatusActive
Property TypeResidential
Sub-TypeMulti-family
TransactionSale
List DateApr 13, 2026
Days on Market150
Common InterestFreehold
Annual Tax$33,926 (2025)
Possession DetailsTBD
Structure TypeMulti-family
AttachedAttached
StyleMultiplex
Living Area16,598 sqft
CityWelland
Neighbourhood773 - Lincoln/Crowland
ProvinceOntario
Postal CodeL3B2L3
Lot Dimensions92.37 x 200 FT
Frontage92.37 ft
Lot Depth200 ft
Zoning DetailsRM
HeatingForced air, Natural gas, Other
CoolingFully air conditioned
Water SourceMunicipal water
Annual Tax$33,926 (2025)
To be confirmed by the Vendor.
All Tenant Belongings.
Cross Streets: Empire St/Welland St. ** Directions: From Niagara St, head east on Empire St ; property located on south side of Empire.
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