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    For Sale - 81 Empire Street, Welland, Ontario

    Est payment $17,287/mo
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    Views   1
    Time on Jump  5 day

    AI Summary *

    • 17-unit apartment building offered at a 5.5% cap rate with assumable financing at 4.75% through June 2029.
    • Renovated suites feature modern finishes, heat pumps, and in-suite laundry.
    • Most units include private balconies.
    • Five units added around 2022 are exempt from Ontario rent control.
    • Professionally managed and stabilized, with potential for future rental growth.




    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.
    Listing IDX14158412
    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 Brokerage: EXP REALTY

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    81 Empire Street
    Welland , Ontario
    $3,600,000
    Get more info