81 EMPIRE STREET — Welland (Lincoln/Crowland), Ontario

L3B2L3

16,598Sq Ft

About This Property

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. (id:63357)

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Property Details

Property Type: Multi-Unit
Living Area: 16,598 sqft
Status: Active

Location & Neighborhood

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Last updated: Apr 14, 2026

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$3,600,000