81 Empire Street, Welland — For Sale in Welland
0 bed · 0 bath · Investment for sale in Welland.
81 Empire Street, Welland, ON L3B 2L3
About This Property
Now for sale at 81 Empire Street in Welland: a 0-bedroom, 0-bathroom investment listed at $3,600,000.
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.
Property Specifications
| MLS® Number | X12996888 |
|---|---|
| Status | For Sale |
| List Price | $3,600,000 |
| Property Type | Commercial |
| Sub Type | Investment |
| Transaction Type | For Sale |
| Bedrooms | 0 |
| Bathrooms | 0 |
| Living Area | 16598 sq ft |
| Address | 81 Empire Street, Welland, ON L3B 2L3 |
| City | Welland |
| Postal Code | L3B 2L3 |
Listing Contracted With: EXP REALTY
