81 Empire Street Welland (Lincoln/crowland), Ontario L3B 2L3
$3,600,000
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:48755)
Property Details
| MLS® Number | X12996888 |
| Property Type | Multi-family |
| Community Name | 773 - Lincoln/Crowland |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air, Other |
| Size Interior | 16598 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 200 Ft |
| Size Frontage | 92 Ft ,4 In |
| Size Irregular | 92.37 X 200 Ft |
| Size Total Text | 92.37 X 200 Ft |
| Zoning Description | Rm |
Interested?
Contact us for more information
Justin Salazar
Salesperson
424 Catherine St Unit 200
Ottawa, Ontario K1R 5T8
(866) 530-7737
(647) 849-3180
Jack Anbara
Salesperson
424 Catherine St Unit 200
Ottawa, Ontario K1R 5T8
(866) 530-7737
(647) 849-3180
Andrew Odoardi
Salesperson
https://www.theshellbrookteam.com/
https://www.facebook.com/andrew.odoardi.3/
https://www.linkedin.com/in/andrew-odoardi-659411212/
7- 871 Victoria St N Unit 355a
Kitchener, Ontario N2B 3S4
(866) 530-7737
(647) 849-3180
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April 14 2026 06:05:05
Ottawa Real Estate Board
Exp Realty