$3,600,000
FOR SALE

Investment

Lot: 92.37 x 200 ft
2025 Taxes: $33,926

81 Empire St
Welland, ON L3B 2L3 | 773 - Lincoln/Crowland | Niagara

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.
Share
Listed By EXP REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12996888
Last Updated May 07, 2026
Property Summary
Property Type Investment

More like this:
PIN 641130070
Possession Date TBD
Taxes (2025) $33,926
Directions/Cross Streets Empire St/Welland St
Neighbourhood 773 - Lincoln/Crowland
Area Niagara
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Lot 92.37 x 200 ft
Air Conditioning Yes
Garage Type None
Heat Type Gas Forced Air Open

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

FREE ESTIMATES ARE COMING

Reserve Your Spot To Be Notified
or

Coming soon to select cities
in North America

(We'll never share your details)