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50
$3,600,000 Sale
Listed 1 day
81 Empire Street
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Listing History
Buy/Sell/Terminated/Expired listing history for 81 Empire Street
Key Facts
Key facts for 81 Empire Street
Property Type
Commercial
Parking
None
MLS #
X14158412
Size
-
Basement
-
Listed on
2026-11-03
Lot size
92 x 200.0
Tax
$33,926 /yr
Days on Market
4
Approximate Age
-
Maintenance Fee
-
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 balc...onies. 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.
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Courtesy of: EXP REALTY