For sale 50$1,490,000
397 Empire Avenue
Westfort, Thunder Bay, Ontario P7E4S3
For sale· Added
About this home
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
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Property details
Listing
- MLS® number
- X13250594
- Added
- May 27, 2026 ()
- Updated
- Sep 1, 2026 ()
- Info refreshed
Overview
- Property type
- Multi-family
- Building type
- Other
Inside
- Heating
- Forced air, Natural gas, Other
- Fireplace
- No
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer
Building
- Basement
- Full
- Exterior
- Aluminum siding, Vinyl siding
Land
- Lot size
- 62.27 x 119.95 ft
- Zoning
- Urban Mid-Rise Zone
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
- Utilities
- Telephone, Natural Gas Available, Electricity Connected
Location
- Cross streets
- Corner of Sprague and Empire
Running costs
- Annual property tax
- $9,857
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