$549,000
Est. payment $2,431/moCalculate yours
24 Empire Street, Welland, ON L3B 2L2
773 - Lincoln/Crowland, Welland, ON L3B 2L2
- 5 Beds
- 3 Baths
- 1,500 Sq Ft
Listing courtesy of FLYNN REAL ESTATE INC. MLS® X13661362
About this home
Exceptional Vacant Multi-Unit Investment Property - East Welland - Rare opportunity to acquire a vacant multi-unit property in the sought-after East Welland area. Situated on an impressive 231-foot deep lot, this property features two separate residential buildings offering excellent income potential and flexibility for investors or owner-occupiers. The main dwelling is configured as a duplex, consisting of :One 1-bedroom unit, One 2-bedroom unit. At the rear of the property is a self-contained accessory dwelling unit featuring a 2-bedroom unit, ideal for additional rental income or extended family use. Property Features : Three total residential units Fully vacant - immediate possession available Extra-deep 231 ft lot Separate electrical breaker panels for both buildings Two hot water tanks (one owned, one rental) Excellent opportunity to set market rents or occupy one unit while generating income from others Conveniently located close to schools, shopping, transit, and amenities. A solid addition to any investment portfolio with strong long-term potential. Property has been fire and electrical inspected in 2017. There are 3 off street parking spaces at the front of the property. Located close to 406 for quick highway access.
Property details
Overview
- Property Type
- Triplex
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 1,500 sqft
Interior
- Bedrooms
- 5
- Bathrooms
- 3
- Kitchens
- 3
- Basement
- Partial Basement
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- None
- Exterior
- Vinyl Siding
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 33 x 231 Feet
- Parking
- None garage · 3 total
Financial
- Property Taxes
- $2,947 (2025)
Location
- Neighbourhood
- 773 - Lincoln/Crowland
- Cross Street
- East Main and Empire
- Direction Faces
- East
Listing
- MLS® Number
- X13661362
- Days on Market
- 68
- Listed On
- 2026-08-11
- Listed By
- FLYNN REAL ESTATE INC.
Features
Interior
- Accessory Apartment
- In-Law Capability
- Primary Bedroom - Main Floor
- Water Heater
- Separate Hydro Meter
Pool
- None
- Rental items
- 1 HOTWATER TANK
Mortgage calculator
Estimated mortgage payment
$2,431 per month
- Principal and interest
- $2,431
- Property tax
- $246
- Condo fees
- $0
- Estimated monthly cost
- $2,676
Your mortgage
- Mortgage amount
- $439,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $290,056
Cash to close
- Down payment
- $109,800
- Land transfer tax
- $7,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $117,255
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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