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    397 Empire Avenue

    Thunder Bay, ON • P7E 4S3
    Multiplex
    Active
    View on Map
    List Price$1,490,000
    397 Empire Avenue
    Thunder Bay, ON • P7E 4S3
    View on Map
    Multiplex
    Active
    List Price$1,490,000
    0Beds
    0Baths
    4,824Living Area
    0Parking
    $9,857 / 2025Property Tax
    FullBasement

    Property History

    Market activity for 397 Empire Avenue

    0 Records

    No listing history available

    This is the first time this property is listed

    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.

    Listing Snapshot
    Property Type
    Multiplex
    Size
    4,824 sqft
    Building Age
    0-5 years
    Lot Size
    62.27 x 119.95 Feet
    Lot Irregularities
    None
    Parking
    N/A
    Basement
    Full
    Property Tax
    $9,857 / 2025
    Listed on
    2026-05-26
    Days on Market
    9 Days
    Property Days on Market
    9 Days
    Status Change
    120 Days Ago
    Listing #
    X13250594
    Listing Brokerage
    ROYAL LEPAGE LANNON REALTY
    Data Source
    PROPTX
    Updated on
    2026-06-18
    Property Specifications

    Property Overview

    Property TypeMultiplex

    Interior Details

    Basement TypeFull

    Utilities & Systems

    CoolingOther
    Heating FuelGas

    Building & Construction

    Size4,824 SqFt
    Building Age0-5
    ConstructionVinyl Siding, Aluminum Siding, Other

    Parking & Access

    Parking PlacesOther

    Lot & Location

    SewerSewer
    Frontage62.27 Feet
    Depth119.95 Feet
    Cross StreetCorner of Sprague and Empire
    Room Details

    Living Room

    18 x 14 Feet

    Level: Main

    Hardwood Floor, Pot Lights, Combined w/Dining

    Kitchen

    12 x 10 Feet

    Level: Main

    Centre Island, B/I Appliances, Quartz Counter

    Primary Bedroom

    15 x 13 Feet

    Level: Upper

    5 Pc Ensuite, Walk-In Closet(s), Coffered Ceiling(s)

    Bedroom 2

    12 x 11 Feet

    Level: Upper

    3 Pc Bath, Pot Lights, Walk-In Closet(s)

    Bedroom 3

    11 x 10 Feet

    Level: Upper

    Pot Lights, Hardwood Floor

    Land Transfer Tax

    Provincial Tax (Ontario)

    $26,275

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