397 Empire AVE, Thunder Bay, Ontario, P7E4S3
MLS: TB2600300 | Multi-Family
$1,490,000
Property Description
PREMIER INVESTMENT OPPORTUNITY: BRAND NEW, FULLY RENTED 4-PLEX! Secure your future with this turn-key investment property—a stunning, newly constructed 4-plex in a quiet, highly desirable pocket of Westfort. This property is built to attract and retain quality tenants, boasting superior construction including an ICF basement for unmatched efficiency. Each of the four currently rented units offers 2 bedrooms, premium features like granite countertops, open-concept living, in-suite laundry, individual heating systems, hot water on demand, and separate entrances and driveways. Its prime location offers residents walkable access to bus routes, schools, parks, and Westfort Village amenities. With all four units currently rented, this is a rare chance to acquire a fully stabilized income property providing immediate, stable cash flow. Don't miss out on this low-risk, high-return asset; contact me today for the full investment package.(PICTURES ARE BEFORE TENANTED - All units have the same quality with different finishings for both 397 and 401 Empire) (Adjacent 4plex also for sale) Apt A - $2250; Apt B - $2250; Apt C - $2150. Apt D - $2250 - All rents plus Heat and Hydro. (id:64974)
Quick Facts
- Property Type: Multi-Family
- Bedrooms: None
- Bathrooms: None
- Living Area: 4,824 sq ft (448.2 m²)
- Year Built: 2025
- Attached: Yes
- Frontage: 62 ft (19 m)
Costs
- Annual Taxes: $9,857.00
Listing Provided by: ROYAL LEPAGE LANNON REALTY
Board: Thunder Bay Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Forced air
- Cooling: Air exchanger
- Basement: Full
- Utilities: Natural Gas, Electricity, Telephone
Exterior & Construction
- Exterior: Vinyl, Aluminum siding, Other
- Sewer: Municipal sewage system
- Water: Municipal water
Lot & Land
- Frontage: 62 ft (19 m)
Community & Neighbourhood
- Community: Bus Route
- Building: Laundry Facility
- Neighbourhood: Thunder Bay
Listing Information
Listing History
MLS listing activity for 397 Empire AVE, Thunder Bay, Ontario, P7E4S3 — dates reflect when changes were recorded in the DDF
Location & Neighborhood
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
Nearby Homes ?Nearby Homes — Search CriteriaSearch Radius1 kmPrice Range±30%Match BedroomsNoMatch BathroomsNo
Similar Homes ?Similar Homes — Search CriteriaSearch Radius5 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes
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397 Empire AVE, Thunder Bay, Ontario, P7E4S3