13 Mcmaster Avenue Welland (Welland Downtown), Ontario L3B 3S6
$899,900
LEGALLY REGISTERED 5-PLEX ASSET WITH FANTASTIC INVESTMENT FLEXIBILITY! Welcome to 13 McMaster Ave, a purpose-built multi-residential property situated on a massive 63' x 190' lot with premium medium-density RM/RL2 zoning steps from the Welland Canal. This structurally efficient building features an ideal layout of two spacious, 2-bedroom units per floor, offering an excellent mix of baseline income stability alongside flexible buyer possession options. The ultimate equity play sits in the full, unfinished walk-up basement with separate exterior access; it is fully grandfathered and taxed by MPAC as a 5-plex, featuring intact plumbing rough-ins where the 5th unit previously sat. Rebuild the 5th suite to instantly scale your asset valuation while completely avoiding costly municipal development fees. Property is being sold in as-is condition, allowing you to execute your own custom updates, capitalize on realistic market rent targets of $1,800/month, and maximize your forced-equity margins in a top Niagara rental pocket. Perfect for an investor looking for a value-add project with incredible structural bones or a buyer looking for a multi-generational setup. (id:57276)
Property Details
| MLS® Number | X13747618 |
| Property Type | Multi-family |
| Community Name | 768 - Welland Downtown |
| AmenitiesNearBy | Park |
| CommunityFeatures | Community Centre, School Bus |
| EquipmentType | None |
| Features | Irregular Lot Size, Ravine, Sump Pump |
| ParkingSpaceTotal | 5 |
| RentalEquipmentType | None |
| Structure | Porch |
Building
| BathroomTotal | 5 |
| BedroomsAboveGround | 8 |
| BedroomsTotal | 8 |
| Age | 51 To 99 Years |
| Amenities | Separate Electricity Meters |
| Appliances | Stove, Refrigerator |
| BasementDevelopment | Partially Finished |
| BasementFeatures | Separate Entrance |
| BasementType | Full, N/a (partially Finished), N/a |
| CoolingType | None |
| ExteriorFinish | Brick, Vinyl Siding |
| FireProtection | Controlled Entry |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Radiant Heat |
| StoriesTotal | 2 |
| SizeInterior | 3500 - 5000 Sqft |
| Type | Other |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| LandAmenities | Park |
| Sewer | Sanitary Sewer |
| SizeDepth | 190 Ft |
| SizeFrontage | 63 Ft |
| SizeIrregular | 63 X 190 Ft ; Lot Is 90' Wide At The Back |
| SizeTotalText | 63 X 190 Ft ; Lot Is 90' Wide At The Back|under 1/2 Acre |
| ZoningDescription | Rl2, Rm |
Interested?
Contact us for more information
Anil Verma
Salesperson
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September 04 2026 11:36:41
Toronto Real Estate Board
RE/MAX Escarpment Realty Inc.