NewFor Sale

397 Empire Avenue
Thunder Bay, Thunder Bay, ON, P7E 4S3

Multiplex
TRREB
MLS® Number: X13250594

ROYAL LEPAGE LANNON REALTY

Listing brokerage
Estimated Value
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$1,490,000List Price
0Bedrooms
0Bathrooms
0Garages
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Property Location

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Listing History

Buy/sell history for 397 Empire Avenue, Thunder Bay, ON P7E 4S3

PrimeAVM™

Current valuation for 397 Empire Avenue, Thunder Bay, ON P7E 4S3. Listed for $1,490,000 on 2026-10-19

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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.

Features

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Amenities

No amenities available

Summary

Tax:$9,857 / 2025
Listing #:X13250594
Property Type:Multiplex
Building Age:0-5
Land Size:62.27 x 119.95 | < .50 acres
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:ROYAL LEPAGE LANNON REALTY

Details

Property

Property Type:Multiplex
Community:Westfort
Municipality:Thunder Bay

Building

Building Age:0-5
Construction:Vinyl Siding, Aluminum Siding, Other

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No
Appliances Included:Other
Basement:Full

Parking

Driveway:Other
Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Other
Heating Type:Other
Heating Fuel:Gas
Utility Sewer:Sewer

Land

Cross Street:Corner of Sprague and Empire

$1,490,000

List price

397 Empire Avenue, Thunder Bay – Multiplex for sale · MLS® # X13250594 | CPRB