81 EMPIRE STREET, Welland (Lincoln/Crowland)

2026-04-14
 

Quick Summary

Location
81 EMPIRE STREET, Welland (Lincoln/Crowland), Ontario L3B2L3
Price
$3,600,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
16598 sqft
Video Link:

MLS®#X12996888

Property 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:32467)

Property Features

Building

  • Cooling Type: Fully air conditioned
  • Fireplace: No
  • Interior Size: 16598 sqft
  • Building Type: Multi-Family
  • Utility Water: Municipal water

Land

  • Land Size: 92.37 x 200 FT

Zoning

  • Description: RM

Information entered by EXP REALTY
Listing information last updated on: 2026-05-24 23:16:18


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 5% + HST . Not all agents charge the same.

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What is the deal exactly, with One Percent ?

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