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397 Empire AVE Thunder Bay, ON P7E 4S3
4,824 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,824 sqft
Subdivision Westfort
MLS Listing ID X13250594
Annual Tax Amount $9,857
Tax Year 2025
Property Sub-Type Multiplex
Property Description
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.
Location
Province ON
County Thunder Bay
Area Thunder Bay
Zoning Urban Mid-Rise Zone
Rooms
Basement Full
Interior
Interior Features Other
Cooling Other
Inclusions 4 fridges, 4 stoves, 4 washers, 4 dryers, 4 dishwashers, all light fixtures.
Exterior
Parking Features Other
Pool None
Roof Type Asphalt Rolled
Road Frontage Municipal Road
Lot Frontage 62.27
Lot Depth 119.95
Building
Building Age 0-5
Foundation Other
Others
ParcelsYN No
Listed by ROYAL LEPAGE LANNON REALTY
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