59 Empire Street, Welland, ON
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Property Highlights
Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of 773 - Lincoln/Crowland. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,575,000 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.
- 0 Bedrooms and 11 Bathrooms with 11 functional kitchens
- Generous living space spanning 5000 + sqft on a spacious lot (Feet)
- 28.0 total parking spaces available
- Notable attributes: Intercom
- Efficient forced air heating via gas
Description
8-unit, two-storey residential apartment building Zoning variance in place permitting additional dwellings and residential development . Permit drawings for two new main-level units, concept plans for four units, and a 16-unit stacked townhouse proposal on the west portion of the site. Pre-consultation and site plan application completed Phase 1 ESA (2019), appraisal (2023). Data room available upon execution of NDA.
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Key Features
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Additional Details
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Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Intercom
Security Features
None listed
Community Features
None listed
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Frequently Asked Questions about 59 Empire Street, Welland, ON
Q.What is the asking price for 59 Empire Street, Welland, ON ?
The current listing price for 59 Empire Street, Welland, ON in 773 - Lincoln/Crowland, Welland is $2,575,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 0 bedrooms and 11 bathrooms across approximately 5000 + sqft.
Q.What property type and architectural style is 59 Empire Street, Welland, ON ?
59 Empire Street, Welland, ON is a Multiplex (2-Storey) featuring a None basement.
Q.What interior features are included in this home?
Interior highlights include: Intercom.
Q.Is parking available at this property?
Yes, this property offers parking space for 28.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None.
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This could be the first listing for this address.
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Pricing & Value Insights
Data-driven valuation for 59 Empire Street, Welland, ON L3B 2L3
Based on 0 recent similar sales in the pocket.
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 $2,575,000 in Welland, the legal minimum down payment is $515,000 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 $50,850 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 $50,850.
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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.