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401 Empire AVE, Thunder Bay, Ontario, P7E4S3

MLS: TB2600304 | Multi-Family

$1,490,000

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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. 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) (Adjacent 4plex also for sale) (Apt A - $2450; Apt B - $2250; Apt C $2250; Apt D $2250 all rents plus heat and hydro. (id:64974)

Directions: Corner of Sprague and Ford Street

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: 70 ft (21.2 m)

Costs

  • Annual Taxes: $9,847.00

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

Exterior & Construction

  • Exterior: Steel, Vinyl, Aluminum siding, Siding
  • Sewer: Municipal sewage system
  • Water: Municipal water

Lot & Land

  • Frontage: 70 ft (21.2 m)

Community & Neighbourhood

  • Community: Bus Route
  • Building: Laundry Facility
  • Neighbourhood: Thunder Bay

Listing Information

MLS® NumberTB2600304
BoardThunder Bay
Originating SystemThunder Bay Real Estate Board
BrokerageROYAL LEPAGE LANNON REALTY
Date ListedFebruary 26, 2026
Last UpdatedMarch 10, 2026

Listing History

Buy/Sell/Terminated/Expired listing history for 401 Empire AVE, Thunder Bay, Ontario, P7E4S3

DateDays on MarketPriceEventListing ID
🔄3/10/202612Status ChangedTB2600304
2/26/20260$1,490,000For SaleTB2600304
2/26/20260$1,490,000ListedTB2600304

Location & Neighborhood

📍401 Empire AVE, Thunder Bay, Ontario, P7E4S3
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