$1,490,000
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397 Empire Ave, Thunder Bay, ON P7E4S3

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- Beds
0 Baths
4,824 Sq Ft

PREMIER INVESTMENT OPPORTUNITY: BRAND NEW, FULLY RENTED 4-PLEX! Secure your future with this turn-key investment propertya 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)

Listing By: BECKY FORESTER - ROYAL LEPAGE LANNON REALTY cncrea2 Realty.com
  • MLS® TB2601223
  • Date Listed05/27/2026
  • Days on Realty 10 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Sewer Public Sewer
  • Property Type Multi Family
  • Year Built 2025
  • Water Public
  • Square Feet 4,824 sq. ft
  • Price Per Sq. Ft $308.87

Interior Features

  • Cooling Air exchanger
  • Heating Forced air

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Directions

Corner of Sprague and Empire

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for P7E4S3

Discover key demographics, population statistics, and environmental insights for the Thunder Bay, ON area.

Walkability in ON / P7E4S3

Source: Walk Score

48/100

Car-Dependent

Walk Score ®

34/100

Some Transit

Transit Score ®

51/100

Bikable

Bike Score ®

Overview

Most errands require a car. A few nearby public transportation options. Some bike infrastructure.

Transit Summary

6 nearby routes: 6 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 36/100, Transit Score: 32/100, Bike Score: 53/100.

Points of Interest near 397 Empire AVE, Thunder Bay, ON P7E4S3

Frequently Asked Questions for 397 Empire AVE

Source: Realty.com

397 Empire AVE, Thunder Bay, ON P7E4S3 in Thunder Bay, ON P7E4S3 is a multi family listed at $1,490,000. Highlights include 4,824 sq. ft., built in 2025, $309 per sq. ft.. Realty.ca has 33 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 33 photos of 397 Empire AVE.

Our records indicate that 397 Empire AVE was built in 2025.

The full address for this home is 397 Empire AVE, Thunder Bay, ON P7E4S3.

397 Empire AVE has been listed on Realty.com since Wed May 27, 2026

Most errands require a car. A few nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 36/100, Transit Score: 32/100, Bike Score: 53/100.

Listing provided courtesy of: ROYAL LEPAGE LANNON REALTY
Listing agent: BECKY FORESTER

This content last refreshed on 2026-06-06 06:45:06. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.