view of apartment building / complex Features: split ac unit, apartment complex view

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view of front of home featuring stone siding, a balcony, and brick siding Features: stone siding, balcony, brick siding, gas meter, fence, lawn

back of house with stone siding, a balcony, a yard, and brick siding Features: downspout, balcony, apartment complex view, brick siding, split ac unit, lawn, stone siding, satellite dish

view of apartment building / complex Features: apartment complex view

doorway to property featuring stone siding and a yard Features: stone siding, split ac unit, downspout, brick siding, gutters, lawn

entrance to property with brick siding and a lawn Features: gutters, stoop, downspout, lawn, split ac unit, brick siding

view of apartment building / complex featuring uncovered parking Features: apartment complex view, parking lot

view of apartment building / complex featuring uncovered parking Features: parking lot, apartment complex view

uncovered parking lot featuring a storage unit Features: parking lot, apartment complex view, shed, fence

laundry room with stacked washer and clothes dryer, crown molding, and light wood finished floors Features: laundry, drywall, stacked washer dryer, crown molding, baseboards wall, wood finish floor

living area with light wood-style flooring and crown molding Features: dishwasher, smoke carbon monoxide detector, drywall, wood finish floor, microwave, range oven, crown molding, sink, recessed lighting

bedroom featuring light wood finished floors and a mini split for heating / cooling Features: wood finish floor, wall mounted ac, drywall, baseboards wall, natural light

laundry area with stacked washer / drying machine Features: stacked washer dryer, drywall, laundry

hallway featuring light wood-type flooring and baseboards Features: smoke carbon monoxide detector, drywall, refrigerator, baseboards wall, recessed lighting, wood finish floor, range oven, tray ceiling, natural light, microwave, fire alarm

bedroom with wood finished floors Features: drywall, tv, wood finish floor

kitchen with white cabinets, light wood-style floors, backsplash, stainless steel appliances, and butcher block countertops Features: tv, shaker cabinets, wood finish floor, tray ceiling, crown molding, blue cabinets, kitchen bar, white cabinets, kitchen island, sink, recessed lighting, microwave, backsplash, refrigerator, butcher block countertops, range oven, drywall

living room with crown molding and light wood finished floors Features: natural light, wood finish floor, drywall, crown molding

view of doorway to outside Features: drywall, natural light

bedroom featuring wood finished floors and a closet Features: wood finish floor, smoke carbon monoxide detector, drywall, closet, baseboards wall

bathroom with vanity, recessed lighting, and light wood-style flooring Features: wood finish floor, sink, baseboards wall, toilet, half bathroom, recessed lighting, mirror, vanity, drywall

bathroom with vanity, a stall shower, and dark wood finished floors Features: shower, drywall, baseboards wall, wood finish floor, vent, full bathroom, vanity, wall mounted ac, mirror, sink

unfurnished bedroom with access to outside, light wood finished floors, and a closet Features: access to exterior, baseboards wall, wood finish floor, wall mounted ac, drywall, natural light, closet

living room with light wood-type flooring, crown molding, and recessed lighting Features: recessed lighting, baseboards wall, crown molding, wood finish floor, drywall, tv, natural light

sitting room featuring ornamental molding, light wood-type flooring, and recessed lighting Features: natural light, crown molding, wood finish floor, refrigerator, drywall, smoke carbon monoxide detector, recessed lighting, baseboards wall, tv

living area featuring crown molding, light wood-type flooring, and recessed lighting Features: crown molding, wall mounted ac, wood finish floor, microwave, tv, baseboards wall, one wall kitchen, range oven, sink, recessed lighting, refrigerator, drywall, natural light, dishwasher

bedroom with light wood-style flooring and a mini split for heating / cooling Features: baseboards wall, wall mounted ac, wood finish floor, natural light, drywall, tv

laundry room featuring stacked washer / dryer and light wood finished floors Features: fire extinguisher, laundry, stacked washer dryer, wood finish floor, drywall, baseboards wall

kitchen featuring stainless steel appliances, decorative backsplash, white cabinets, light wood-style floors, and ornamental molding Features: opens to living area, sink, white cabinets, dishwasher, drywall, microwave, baseboards wall, range oven, backsplash, stone countertops, shaker cabinets, recessed lighting, wood finish floor, crown molding, refrigerator

spare room featuring light wood-type flooring and baseboard heating Features: wood finish floor, natural light, baseboard radiator, drywall, baseboards wall

unfurnished bedroom with light wood finished floors and a closet Features: wood finish floor, drywall, baseboards wall, closet, smoke carbon monoxide detector

kitchen with stainless steel appliances, white cabinetry, light wood-style floors, light stone countertops, and recessed lighting Features: recessed lighting, backsplash, natural light, l shaped kitchen, stone countertops, wood finish floor, drywall, dishwasher, sink, refrigerator, shaker cabinets, range oven, microwave, white cabinets

half bath with vanity, light wood-style flooring, and crown molding Features: baseboards wall, drywall, half bathroom, vanity, wood finish floor, crown molding, mirror, sink

spare room with ornamental molding, light wood-type flooring, and stacked washer / dryer Features: drywall, baseboards wall, stacked washer dryer, wood finish floor, natural light, crown molding, laundry

kitchen featuring stainless steel appliances, white cabinets, light wood-style flooring, tasteful backsplash, and crown molding Features: shaker cabinets, stone countertops, drywall, range oven, baseboards wall, backsplash, dishwasher, white cabinets, microwave, sink, crown molding, wood finish floor, natural light

full bath featuring vanity, light wood-type flooring, and bathtub / shower combination Features: full bathroom, vanity, sink, drywall, wood finish floor, mirror, combined bath shower, baseboard radiator, toilet

kitchen with stainless steel appliances, white cabinets, light wood-style floors, ornamental molding, and light stone countertops Features: stone countertops, baseboards wall, sink, recessed lighting, backsplash, crown molding, refrigerator, white cabinets, shaker cabinets, range oven, dishwasher, drywall, wood finish floor

unfurnished bedroom with light wood-type flooring, a mini split for heating / cooling, and a closet Features: wall mounted ac, baseboards wall, drywall, closet, natural light, wood finish floor

kitchen featuring stainless steel appliances, light wood-style floors, white cabinets, ornamental molding, and tasteful backsplash Features: refrigerator, natural light, drywall, white cabinets, crown molding, recessed lighting, sink, range oven, wood finish floor, microwave, stone countertops, smoke carbon monoxide detector, baseboards wall, shaker cabinets, backsplash

spare room featuring light wood-style floors, ornamental molding, and healthy amount of natural light Features: baseboards wall, wall mounted ac, natural light, drywall, crown molding, wood finish floor

unfurnished living room with light wood-style floors and crown molding Features: drywall, recessed lighting, crown molding, dishwasher, wall mounted ac, wood finish floor, baseboards wall

kitchen featuring stainless steel appliances, white cabinets, light wood-style floors, ornamental molding, and light stone counters Features: dishwasher, backsplash, range oven, sink, crown molding, white cabinets, shaker cabinets, microwave, baseboards wall, wood finish floor, stone countertops, drywall, refrigerator, recessed lighting

laundry area featuring stacked washer / drying machine Features: stacked washer dryer, laundry, washer hookup

unfurnished bedroom with access to outside, light wood-style flooring, a closet, and a water view Features: baseboards wall, waterfront, natural light, drywall, wall mounted ac, wood finish floor, closet, water view, access to exterior

unfurnished bedroom featuring a wall mounted mini split, light wood finished floors, and a closet Features: wood finish floor, closet, wall mounted ac, crown molding, drywall, smoke carbon monoxide detector, baseboards wall

kitchen featuring stainless steel appliances, white cabinets, light wood finished floors, backsplash, and recessed lighting Features: baseboards wall, recessed lighting, white cabinets, stone countertops, shaker cabinets, wall mounted ac, backsplash, microwave, drywall, crown molding, natural light, refrigerator, wood finish floor, range oven

full bath with vanity, shower / bath combination, and wood finished floors Features: sink, combined bath shower, wood finish floor, full bathroom, vanity, toilet, drywall, natural light, mirror, vent

unfurnished bedroom featuring light wood-type flooring, a closet, and stacked washing machine and dryer Features: baseboards wall, laundry, natural light, closet, smoke carbon monoxide detector, drywall, stacked washer dryer, wood finish floor

view of balcony Features: split ac unit, balcony

view of property Features: fence, split ac unit

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For Sale - 81 Empire Street, Welland, Ontario

81 Empire Street

Welland , Ontario

$3,600,000

Est payment $17,287/mo

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Time on Jump 125 day

AI Summary *

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.

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Down Payment:
$ 180,000 ( 5% )

First Time Buyer:
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New Build:
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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

Extras

Subtype InvestmentHeating / Cooling Gas Forced Air Open

Market Info

Listing Agency:
EXP REALTY

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Listing Agency:
EXP REALTY

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For Sale - 81 Empire Street, Welland, Ontario

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