81 Empire Street Welland (Lincoln/Crowland), ON L3B 2L3
Listing Courtesy of:  CREA / Listed By: eXp Realty

  81 Empire Street Welland (Lincoln/Crowland), ON L3B 2L3

Active (136 Days)
$3,600,000 (CAD)
16,598
SQFT
See Similar Listings

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. (id:41440)

MLS®:
X12996888
Taxes
$33,926(2025)
Type
Multifamily
County
Regional Municipality of Niagara

Listed By

Justin Salazar, eXp Realty
Source
CREA
Last checked Aug 28 2026 at 1:42 PM EDT
Bathroom Details
Heating and Cooling
  • Forced Air
  • Other
  • Natural Gas
  • Fully Air Conditioned
Living Area
  • 16,598 sqft
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Disclaimer: REALTOR.CA The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled
by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 8/28/26 06:42

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