Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of Lincoln/Crowland. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,250,000 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.
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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This multiplex located at 59 Empire Street, Welland is currently for sale and has been available on SousaSells for 61 days. This property is listed at $2,250,000 with an estimated mortgage of $7,489* per month. It has 0 beds, 11 bathrooms, and is 5000 + square feet. 59 Empire Street, Welland is in the Lincoln/Crowland neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Lincoln/Crowland, Welland.
First-time home buyers, professionals, or investors seeking value.
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The current listing price for 59 Empire Street, Welland, ON in Lincoln/Crowland, Welland is $2,250,000.
This property features 0 bedrooms and 11 bathrooms across approximately 5000 + sqft.
59 Empire Street, Welland, ON is a Multiplex (2-Storey) featuring a None basement.
Interior highlights include: Intercom.
Yes, this property offers parking space for 28.0 vehicles (None).
Heating is provided via Gas and cooling via None.
Lincoln/Crowland, Welland
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
No historical data available for this property.
This could be the first listing for this address.
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.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Welland.
About Purchasing a Home in Welland, ON
For a property listed at $2,250,000 in Welland, the legal minimum down payment is $450,000 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 $42,725 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 $42,725.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Lincoln/Crowland, Welland.
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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.
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