59 Empire Street
773 - Lincoln/Crowland, Welland, L3B 2L3
FOR SALE
$1,999,000
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BEDROOMS 11
BATHROOMS 11
KITCHENS 0
ROOMS X13813298
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Property Description
59 Empire Street, Welland features a fully leased multi-residential investment and intensification opportunity situated on approximately 0.96 acres, former bank building currently configured with 8 residential units and documented potential for increased density within the existing structure. The property also includes a proposed 16-unit stacked townhouse development at the rear, with associated parking, providing the opportunity to significantly expand the residential component of the site. Zoned RM - Residential Medium Density, the property combines stable existing rental income with additional residential intensification and new development potential, "Significant pre-development soft costs have been incurred, including municipal pre-consultation, planning, architectural design and detailed site-plan preparation,
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Property Features
Intercom
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Property Details
Address
59 Empire Street
Community
City
Postal Code
L3B 2L3
Property Type
Multiplex, Multiplex
Zoning
RM
Acreage
42,022.0 Feet
Taxes
$9,641 (2025
Basement
None
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
28
Garage Type
None
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Listing contracted with Colliers International Niagara Ltd.
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