ONThunder BayThunder Bay397 Empire Avenue
397 Empire Avenue
0
New
Multiplex

397 Empire Avenue

Thunder Bay, ON, P7E 4S3

Residential Freehold
Area
4824 sq.ft
Bed
-
Bedrooms
Bath
-
Bathrooms
Parking
0
Single Garage

Asking Price

$1,490,000

Property Description

Original Remarks

PREMIER INVESTMENT OPPORTUNITY: BRAND NEW, FULLY RENTED 4-PLEX! Secure your future with this turn-key investment property—a stunning, newly constructed 4-plex in a quiet, highly desirable pocket of Westfort. This property is built to attract and retain quality tenants, boasting superior construction including an ICF basement for unmatched efficiency. Each of the four currently rented units offers 2 bedrooms, premium features like granite countertops, open-concept living, in-suite laundry, individual heating systems, hot water on demand, and separate entrances and driveways. Its prime location offers residents walkable access to bus routes, schools, parks, and Westfort Village amenities. With all four units currently rented, this is a rare chance to acquire a fully stabilized income property providing immediate, stable cash flow. Don't miss out on this low-risk, high-return asset; contact agent for the full investment package.(PICTURES ARE BEFORE TENANTED - All units have the same quality with different finishings for both 397 and 401 Empire) (Adjacent 4plex also for sale) Apt A - $2250; Apt B - $2250; Apt C - $2150. Apt D - $2250 - All rents plus Heat and Hydro.

PROPERTY HISTORY

397 Empire Avenue

Type:Multiplex
Style:
Size Range:4824
Above grade sq.ft.:-
Below grade sq.ft:-
Total sq.ft:-
Listing ID:X13250594
Community:Westfort
Days on Market:-
Year Built:-
Age range:0-5
Basement:Full
Ownership Type:Residential Freehold
Condo Fee:N/A
Yearly Taxes:$9,857/yr (2025)
Municipality:Thunder Bay
Lot Size:62.27 x 119.95 Feet

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