59 Empire StreetWelland, Niagara, ON, L3B 2L3
59 Empire StreetWelland, Niagara, ON, L3B 2L3
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Buy/sell history for 59 Empire Street, Welland, ON L3B 2L3
| Date Start | Date End | Event | Price | MLS# |
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Current valuation for 59 Empire Street, Welland, ON L3B 2L3. Listed for $1,999,000 on 2026-11-02
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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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$1,999,000
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