81 Empire Street, Welland, ON L3B 2L3
773 - Lincoln/Crowland, Welland · Near Empire St/Welland St · View map
About this home
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.
The home
- Type
- Investment
- Square footage
- 16598 sq ft
- Lot size
- 92.4 x 200 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Open
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $33,926/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- TBD
- Cross street
- Empire St/Welland St
- Neighbourhood
- 773 - Lincoln/Crowland
More
- MLS® number
- X14158412
No matching details. Ask Will instead
No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
81 Empire Street, Welland, ON L3B 2L3
773 - Lincoln/Crowland, Welland · Near Empire St/Welland St
Get directionsWhat’s nearbySchools nearby
Open this tab to load nearby schools.
Your commute
Enter where you go every day to see real drive times:
Listing history for 81 Empire Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.
Frequently asked questions about 81 Empire Street
Answers come straight from this home’s MLS® listing.
How much is 81 Empire Street listed for, and what would it cost each month?
81 Empire Street is listed for $3,600,000. With 20% down ($720,000), the mortgage payment would be roughly $14,521 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $17,349 a month, all in. That figure is an illustration, not a quote.
Is 81 Empire Street freehold or a condo, and is there a monthly fee?
81 Empire Street is a investment in 773 - Lincoln/Crowland, Welland. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 81 Empire Street have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 81 Empire Street?
81 Empire Street is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 81 Empire Street, and what is the lot size?
The lot is listed as 92.4 x 200 ft.
How is 81 Empire Street heated and cooled?
Heating is gas forced air open. Cooling is yes.
What are the property taxes for 81 Empire Street?
Property taxes are $33,926 a year (2025), or about $2,827 a month.
Where is 81 Empire Street?
81 Empire Street is in the 773 - Lincoln/Crowland community of Welland. The nearest main intersection is Empire St/Welland St. The postal code is L3B 2L3.
Is 81 Empire Street still for sale?
Yes. It is an active listing (MLS® X14158412). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 81 Empire Street asking?
Similar properties for sale nearby right now include 1000 Ontario Road at $4,500,000 and 862 Niagara Street N at $3,799,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 81 Empire Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 81 Empire Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near 773 - Lincoln/Crowland, picked by style, size and price.
Courtesy of: EXP REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.