
59 Empire Street
Welland (Lincoln/Crowland), ON L3B 2L3
- 0Bedrooms
- 11Bathrooms
- 28Parking
- 5000 +Sq Ft
- $9,641Tax
- 165 ftLot frontage
- Free EstimateSee Free Estimate Report
Sale & Price History for 59 Empire Street, Welland, Lincoln/Crowland
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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About 59 Empire Street, Welland, Lincoln/Crowland
Summarized Description
- Investment opportunity with 8 residential units.
- Potential for increased density within existing structure.
- Proposed development for 16 stacked townhouses.
- Stable rental income from fully leased units.
- Located on approximately 0.96 acres.
- Zoned for medium density residential use.
- Pre-development costs already incurred.
- Includes associated parking for new development.
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,
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $9,641
- Land Transfer Tax Fee
- $36,455
Rental Items
- Rental Equipment
- to be assumed by the purchaser
- Basement Type
- None
Interior Features
- Interior Extras
- Intercom
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Brick
- Roof
- Flat
- Foundation Details
- Concrete Block
- Special Designation
- Unknown
Lot
- Lot Front
- 165.00 ft
- Lot Size
- 42022
Inclusions
- Inclusions
- tbd
Exclusions
- Exclusions
- any and all tenant belongings
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 28
- Total Garage And Parking Spaces
- 28
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- Sewer
- Washrooms
- 11
- Kitchens
- 11
Washrooms
- 4-piece
- Municipality
- Welland
- Neighbourhood
- Lincoln/Crowland
- Main cross streets
- East Main Street
- Zoning
- RM
- Directions
- 406 South to East Main Street to Empire Street
- MLS® number
- X13813298
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-09-22
- Updated on
- 2026-09-22
- Days on market
- 23 days
- Possession type
- Flexible
- Co-op commission
- 2%+HST
- Seller
- Listed by
- COLLIERS INTERNATIONAL NIAGARA LTD.
Home Market Value
Current home valuation for 59 Empire Street, Welland, Lincoln/Crowland, Welland, ON. Listed for $1,999,000
HOMEH Estimate
—
Estimated Sales Range
—
HOMEH Estimate for 59 Empire Street, Welland, Lincoln/Crowland
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
Mortgage Payment Calculator
Compare up to 4 down payment scenarios
20% required for homes $1.5M or more
$399,800
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $1,599,200 | $1,499,250 | $1,399,300 | $1,299,350 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $7,808monthly | $7,320monthly | $6,832monthly | $6,344monthly |
Land Transfer Tax
$36,455
$36,455
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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