24 Empire
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+35 more
$599,000

24 Empire

Welland (Lincoln/Crowland), Ontario, L3B2L2

Active
5
Bedrooms
3
Bathrooms
3
Parking

About This Property

This 5-bedroom, 3-bathroom multi-family in Welland (Lincoln/Crowland) is available for your consideration. The home features forced air, natural gas heating, none, a unfinished, partial, crawl space, n/a basement.

MLS Remarks

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 backyard cottage 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. Located close to 406 for quick highway access. (id:60351)

Overview

Property Typeresidential
Sub-Typemulti-family
StatusActive
MLS #X12658792

Interior

HeatingForced air, Natural gas
CoolingNone
AppliancesWater Heater
BasementUnfinished, Partial, Crawl space, N/A

Exterior

Exterior FeaturesVinyl siding

Parking

Total Spaces3

Fees & Taxes

Annual Taxes$2,947 (2025)

Listing Information

MLS#: X12658792


Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.

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Mortgage Calculator

$
$119,800
5%20%50%
Estimated Monthly Payment
$2,664
/month
Mortgage
$479,200
Total Interest
$319,865

For illustration purposes only. Consult a mortgage professional for accurate rates.

Land Transfer Tax

$
Ontario LTT$8,455
Total Due on Closing$8,455

Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.

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