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Active Multiplex For Sale 36 DOM
$1,999,000
MLS® X13813298

59 Empire Street, Welland, ON L3B 2L3

Welland · 773 - Lincoln/Crowland · L3B 2L3
Monthly cost · estimate
$10,152/mo
P&I $9,349 · Tax $803
🤖
Hunter's read
multiplex in Welland
11
Baths
5000 +
Sqft
28
Parking
42022.0
Lot sqft

About this home

59 Empire Street, Welland features a fully leased multi-residential investment and intensification opportunity situated on approximately 0.96 acres, former bank building currently configured with 8 residential units and documented potential for increased density within the existing structure. The property also includes a proposed 16-unit stacked townhouse development at the rear, with associated parking, providing the opportunity to significantly expand the residential component of the site. Zoned RM - Residential Medium Density, the property combines stable existing rental income with additional residential intensification and new development potential, "Significant pre-development soft costs have been incurred, including municipal pre-consultation, planning, architectural design and detailed site-plan preparation,

📋 Property summary 9 details ▼
Property Type
Multiplex
Style
['2-Storey']
Square Footage
5000 +
Days on Market
36 days
Annual Taxes
$9,641
Lot Size
42,022 Square Feet
Frontage
165.0'
Community
773 - Lincoln/Crowland
Parking
28.0 spaces
🏠 Interior 1 features ▼
Basement
None
Interior features
Intercom
🧱 Building & exterior ▼
Foundation
Concrete Block
Exterior
Brick
⚡ Utilities ▼
Heating
Forced Air
Cooling
['None']
Sewer
['Sewer']
🌳 Lot & land ▼
Frontage
165.0 ft
Total Area
42,022 square feet (0.96 acres)
Source
MPAC
📦 Inclusions & exclusions ▼
Included with sale

tbd

Excluded from sale

any and all tenant belongings

📃 Listing details ▼
MLS® Number
X13813298
Days on Market
36 days
Possession
Flexible
Listing Brokerage
COLLIERS INTERNATIONAL NIAGARA LTD.

Listing information sourced from TRREB MLS® via PropTx. This property is being represented by the listing brokerage shown above. Ishaan Verma of Royal LePage Certified Inc. is happy to represent buyers viewing this property.

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Location

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About Welland

Browse more Welland listings · See the Welland city page with market trends and neighbourhood breakdowns.

$1,999,000
59 Empire Street, Welland, ON L3B 2L3
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💰 Sold-comp analysis · Free

What is this home really worth?

Hunter pulls the last 6 months of actual closed sales on this street, computes the average sold price, days on market, and sold-to-list ratio — then tells you if 59 Empire Street, Welland, ... is priced fairly, over, or under.

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