Last Sold Price
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Overview
Key Facts
Type Multi Family
Levels Residential Income
Size 4824 sqft
Garage
Taxes $9,857
Days Active 37
Lot Size
Approx. Age 2025
Avg. Price Per Sqft $308
MLS® Number TB2601223
Property Address: 397 Empire Ave, Thunder Bay, ON, P7E4S3
Average square foot calculated using Size range provided by listing agent.
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. (id:58753)Show Description
MLS® NumberTB2601223
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2025
BasementFull
Driveway
Garage Spaces
HeatForced air
A/CAir exchanger
Extras
Price History
Appreciation
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Avg. Days Listed
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Today, For Sale for $1,490,000
For Sale · 37 days
$1,490,000
MLS® TB2601223
A month ago
Not Sold Yet
May 2026, For Sale for $1,490,000
For Sale · 37 days
$1,490,000
MLS® TB2601223
A month ago
Not Sold Yet
November 2025, Withdrawn for $1,550,000
Withdrawn · 109 days
$1,550,000
MLS® TB252318
8 months ago
Canceled on Nov 15, 2025
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© 2026 eXp Realty. eXp World Holdings, Inc. All Rights Reserved
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