397 Empire Ave Thunder Bay, Ontario P7E 4S3
$1,490,000
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. (id:61445)
Property Details
| MLS® Number | TB2600300 |
| Property Type | Multi-family |
| Community Name | Thunder Bay |
| CommunicationType | High Speed Internet |
| CommunityFeatures | Bus Route |
Building
| Amenities | Laundry Facility |
| BasementType | Full |
| ConstructedDate | 2025 |
| CoolingType | Air Exchanger |
| ExteriorFinish | Aluminum Siding, Other, Vinyl |
| HeatingType | Forced Air |
| SizeInterior | 4824 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| AccessType | Road Access |
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeFrontage | 62.2700 |
| SizeTotalText | Under 1/2 Acre |
Utilities
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/29398810/397-empire-ave-thunder-bay-thunder-bay
Interested?
Contact us for more information
Becky Forester
Broker
1141 Barton St
Thunder Bay, Ontario P7B 5N3
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March 03 2026 09:56:54
Royal LePage Lannon Realty