59 Empire Street

For Sale
21.46 BTC
59 Empire Street, Welland
59 Empire Street
59 Empire Street
59 Empire Street
59 Empire Street
59 Empire Street
59 Empire Street
59 Empire Street
0
BEDROOMS
11
BATHROOMS
11
KITCHENS
0
ROOMS
X13813298
MLSID
Contact Us
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,
Property Features
Intercom
Property Details
Property Type
Multiplex
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
Listing contracted with Colliers International Niagara Ltd.
DIALOG CONTENT
Would you like to receive Similar Listing Alerts as soon as they are uploaded to MLS®?
0