81 Empire Street, Welland MLS Number: X12996888
773 - Lincoln/Crowland, Welland, Niagara, ON, L3B 2L3$3,600,000
Status: For Sale
- Property Type: Commercial (Investment)
- Property Taxes : $33926.0 (Tax Year:2025)
- Listing Courtesy : Exp Realty
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$3,600,000
Status: For Sale
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.
| Property Type | :Commercial |
|---|---|
| MLS Number | :X12996888 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :15 May, 2026 (82 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Niagara |
|---|---|
| Postal Code | :
L3B 2L3
|
| Price | : $3,600,000 |
|---|---|
| Property Taxes | :$33926.0 |
| Tax Year | :2025 |
|---|
| Air Conditioning | :Yes |
|---|---|
| Heating | :Gas Forced Air Open |
| Cross Street | :Empire St/Welland St |
| Fireplace/Stove | :No |
|---|---|
| Virtual Tour | :Virtual Tour (External Link) |
14 Apr, 2026
TREB #X12996888
Listed
$3600000.0