24 EMPIRE STREET, Welland (Lincoln/Crowland), Ontario, L3B2L2

Property Description

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:64974)

Quick Facts

• Property Type: Triplex
• Bedrooms: 5 (5 above)
• Bathrooms: 3
• Attached: Yes
• Parking: 3 spaces (No Garage)
• Frontage: 33 ft (10.1 m)

Costs

• Annual Taxes: $2,947.00 (2025)

Listing Provided by: FLYNN REAL ESTATE INC.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.