For Sale: 81 Empire Street, Welland, ON - REW
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$3,600,000
0 bd ba 16598 sf Multifamily

81 Empire StreetWelland, ON, L3B 2L3

  • 0 Bed
  • Bath
  • 16598 Sqft
  • Multifamily

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:63626)
Listed by: Justin Salazar, Salesperson, EXP REALTY

Home facts and features

Price details
List Price
Gross Taxes for 2025
$33,926
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Depth
200 feet
Frontage
92.4 feet
Heating Type
Forced air, Natural gas, Other
Cooling
Fully air conditioned
Agent details
Primary Agent
Justin Salazar
Primary Broker
EXP REALTY
Secondary Agent
Jack Anbara
Secondary Broker
EXP REALTY
Tertiary Agent
ANDREW ODOARDI
Tertiary Broker
EXP REALTY
Listing details
Days on REW
54 Days
MLS® Number
X12996888
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

DSBN Academy
  • Public
  • 6 - 12
Plymouth Public School
  • Public
  • JK - 8
Princess Elizabeth Public School
  • Public
  • JK - 8
St Mary Catholic Elementary School
  • Catholic
  • JK - 8
St Andrew Catholic Elementary School
  • Catholic
  • JK - 8
Confédération
  • Public
  • 7 - 12
ÉÉC Saint-François-d'Assise
  • Catholic
  • JK - 8
É Élém Champlain
  • Public
  • JK - 6
Collège Notre-Dame
  • Catholic
  • 9 - 12
Notre Dame College School
  • Catholic
  • 9 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-07.