Size
-
Lot size
42022 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$31 - $400
Taxes
$9,641 (2025)
Parking Type
-
Style
2-Storey
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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,
Broker: COLLIERS INTERNATIONAL NIAGARA LTD.
MLS®#: X13813298
Property details
Parking:
28
Parking type:
-
Property type:
Multiplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
5000-65535 sqft
Lot front:
165 Ft
Listed on:
Sep 22, 2026
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Instant estimate:
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$231,544
lower than listed pricei
High
$1,802,805
Mid
$1,767,456
Low
$1,666,534
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