24 Empire Street, Welland, ON
Property Highlights
Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of 773 - Lincoln/Crowland. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $549,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 33 x 231 ft lot
- Features a partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Accessory Apartment, In-Law Capability, Primary Bedroom - Main Floor
- Efficient forced air heating via gas
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 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.
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Property Summary
This triplex located at 24 Empire Street, Welland is currently for sale and has been available on SousaSells for 0 days. This property is listed at $549,000 with an estimated mortgage of $1,827* per month. It has 5 beds, 3 bathrooms, and is 1500-2000 square feet. 24 Empire Street, Welland is in the 773 - Lincoln/Crowland neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in 773 - Lincoln/Crowland, Welland.
- •5 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •1500-2000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in 773 - Lincoln/Crowland, Welland.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Accessory Apartment
- In-Law Capability
- Primary Bedroom - Main Floor
- Water Heater
- Separate Hydro Meter
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 24 Empire Street, Welland, ON
Q.What is the asking price for 24 Empire Street, Welland, ON ?
The current listing price for 24 Empire Street, Welland, ON in 773 - Lincoln/Crowland, Welland is $549,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 3 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 24 Empire Street, Welland, ON ?
24 Empire Street, Welland, ON is a Triplex (2-Storey) featuring a Partial Basement basement.
Q.What interior features are included in this home?
Interior highlights include: Accessory Apartment, In-Law Capability, Primary Bedroom - Main Floor, Water Heater, Separate Hydro Meter.
Q.Is parking available at this property?
Yes, this property offers parking space for 3.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None.
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Pricing & Value Insights
Data-driven valuation for 24 Empire Street, Welland, ON L3B 2L2
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Welland, ON
For a property listed at $549,000 in Welland, the legal minimum down payment is $29,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $7,455 for this transaction. As this listing is in Welland (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $7,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.