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$1,490,000

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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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$1,490,000
397 Empire Avenue
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