81 Empire Street
Welland (Lincoln/Crowland), Ontario L3B2L3
MLS # X12996888
Property Details
Type
Multi-Family
Beds
—
Baths
—
Status
For Sale
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About this property
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.
Mortgage Estimate
Estimated monthly payment
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Estimate only. Taxes, insurance, condo fees, and lender terms are not included.
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Property taxes: about $2,827/month based on listed annual taxes.
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Facts & Location
Interior Size
16,598 sq ft
Lot Size
92.37 x 200 FT
Annual Taxes
$33,926
Listing data
Listing information is provided for personal, non-commercial use and should be independently verified before making real estate decisions.
Last refreshed: Aug 25, 2026 2:15 AM
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