For Sale - 81 Empire Street, Welland, Ontario

Est payment $17,287/mo
Views   1
Time on Jump  7 day
  • Turnkey 17-unit apartment building with a strong 5.5% cap rate.
  • Fully renovated units featuring modern finishes and in-suite laundry.
  • Five recently added units offer potential for great rental growth.
  • Professionally managed for a low-maintenance investment experience.
  • Assumable financing with favorable terms available through June 2029.



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.
Listing IDX12996888
Address81 Empire Street
CityWelland, Ontario
Price$3,600,000
StyleInvestment
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentHeating / Cooling Gas Forced Air Open
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Listing Agency:  EXP REALTY

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81 Empire Street
Welland , Ontario
$3,600,000
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