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$1,999,000 Sale
Listed 21 days ago
59 Empire Street
· 0
· 11
· 28
· 5000 +
Listing History
Buy/Sell/Terminated/Expired listing history for 59 Empire Street
Key Facts
Key facts for 59 Empire Street
Property Type
Apartment, 2-Storey
Parking
None 0 garage, 28 parking
MLS #
X13813298
Size
5000 + sqft
Basement
None
Listed on
2026-09-22
Lot size
165 x 0.0
Tax
$9,641 /yr
Days on Market
21
Approximate Age
-
Maintenance Fee
-
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 pr...operty 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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Courtesy of: COLLIERS INTERNATIONAL NIAGARA LTD.