S a n d a l R e a l E s t a t e

81 Empire Street, Welland, ON L3B 2L3

81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3
81 Empire Street, Welland, ON L3B 2L3

81 Empire Street, Welland, ON L3B 2L3

$3,600,000

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81 Empire Street, Welland, ON L3B 2L3, Welland, ON

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 Highlights

For Sale
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    MLS NO.

    X12996888

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    Type

    Commercial

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    Sub Type

    Investment

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    Square Footage

    16598.0 sqft

Complete Property Details

Property Type Commercial
Sub Type Investment
Transaction Type For Sale
Status Active
Contract Status Available
MLS® Number X12996888
Lot Width 92.37
Lot Size Units SquareFeet
Garage Type None
Cooling Yes
Heat Type Gas Forced Air Open
Internet Address Display Yn Yes
Internet Entire Listing Display Yn Yes
Full Address 81 Empire Street, Welland, ON L3B 2L3
City Welland
Neighbourhood 773 - Lincoln/Crowland
County / Region Niagara
Province / State ON
Postal Code L3B 2L3
Cross Street Empire St/Welland St
Directions From Niagara St, head east on Empire St ; property located on south side of Empire.
Country CA
List Price $3,600,000
Annual Taxes $33,926
Tax Year 2025
Possession Type Flexible
Possession Details TBD
Listing Office EXP REALTY
Board Ottawa Real Estate Board
Original Entry 2026-04-14T17:07:08Z
Media Updated 2026-04-14T17:07:08Z
Photos Updated 2026-04-14T17:07:08Z
Last Modified 2026-04-14T17:07:08Z
System Modified 2026-04-14T17:07:09.678965Z
MLS Status New
Co List Office Name EXP REALTY
Ddfyn Yes
Expiration Date 2026-10-13
Heat Type Multi Gas Forced Air Open, Other
Hstapplication In Addition To
Occupant Type Tenant
Originating System Id A00001796
Parcel Number 641130070
Public Remarks 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.
Showing Requirements List Salesperson
Street Name Empire
Street Number 81
Street Suffix Street
Vendor Property Info Statement No
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