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For saleMLS® X13661362

24 Empire Street, Welland, ON L3B 2L2

Lincoln/Crowland · L3B 2L2

$549,000

$366 / sq ft

2 months on market

Bedrooms
5
Bathrooms
3
Interior
1,500 sf
Parking
3
Lot
33 × 231 ft

What's special

  • 3 parking spaces
  • Accessory apartment
  • In-law capability
  • Primary bedroom - main floor
  • Water heater
  • Separate hydro meter

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About this property

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.

Features

  • Accessory Apartment
  • In-Law Capability
  • Primary Bedroom - Main Floor
  • Water Heater
  • Separate Hydro Meter

Property details

Property

Property type
multiplex
Bedrooms
5
Bathrooms
3
Interior size
1,500 sq ft
Lot size
33 × 231 ft
Possession
Flexible

Interior

Basement
Partial Basement
Heating
Forced Air · Gas
Exposure
East

Exterior & services

Construction
Vinyl Siding
Parking spaces
3
Sewer
Sewer

Costs

List price
$549,000
Property taxes
$2,947 / year (2025)
Price per sq ft
$366
Rental items
1 HOTWATER TANK

Listing

MLS® number
X13661362
Status
For sale
Listed
August 11, 2026
Days on market
86
Last updated
August 11, 2026
Listing brokerage
FLYNN REAL ESTATE INC.

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 40% of comparable multiplex listings in Lincoln/Crowland are asking less.

$340KMedian $569K$1.30M
This home
$366 / sq ft
Comparable median
$400 / sq ft

Based on 15 comparable active multiplex listings in Lincoln/Crowland. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.4% · minimum $29,900
$29,900
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$2,870.19
Property tax (est.)
$245.58
Estimated monthly
$3,116

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$7,455
Total due on closing
$7,455

An estimate on the asking price of $549,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of FLYNN REAL ESTATE INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$549,000

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