Gurvinder Nokwal REALTOR®
For Sale Triplex 68 days on market

$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
Map

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

Minimum for this price: $29,900 (5.45%)

Amortization, years

Estimated mortgage payment

$2,431 per month

Principal and interest
$2,431
Property tax
$246
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
Total, before legal fees
$117,255
Talk to me about financing

Estimates 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

24 Empire Street, Welland, ON L3B 2L2 773 - Lincoln/Crowland, Welland, ON L3B 2L2
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$549,000 24 Empire Street, Welland, ON L3B 2L2
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