
Multi-Family For Sale
$1,490,000
MLS® Number: TB2600300
Floor Area
4,824
Year Built
2025
Multi-Family For Sale
$1,490,000
Floor Area
4,824
Year Built
2025
397 Empire AVE, Thunder Bay, Ontario
About This Property
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 me today for the full investment package.(PICTURES ARE BEFORE TENANTED) (Adjacent 4plex also for sale) Apt A - $2250; Apt B - $2450; Apt C - $2150. Apt D - $2250 - All rents plus Heat and Hydro.
Property Details
Interior Details
Basement
Full
Cooling
Air exchanger
Heating
Forced air
Living Area
4824 sqft
Building & Exterior
Building Features
Laundry Facility
Exterior Features
Vinyl, Aluminum siding, Other
Year Built
2025
Land & Location
City Region
Thunder Bay
Community Features
Bus Route
Frontage Length
62.27
Parcel Number
620400178
Utilities & Services
Utilities
Natural Gas, Electricity, Telephone
Listing & Financials
Listing Office
ROYAL LEPAGE LANNON REALTY
Originating System Name
Thunder Bay Real Estate Board
Other Specifications
Country
Canada
Listed By
ROYAL LEPAGE LANNON REALTY
Mortgage Calculator
Estimated Monthly Payment
$7,320
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$7,320
Principal and interest only. Actual rates may vary.