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    For Sale - 13 McMaster Avenue, Welland, Ontario

    Est payment $4,956/mo
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    Views   1
    Time on Jump  23 day

    AI Summary *

    • Legally registered 5-plex with potential for multiple new units.
    • Oversized 63' x 190' lot in a growing area near amenities.
    • Four spacious 2-bed, 1-bath apartments averaging 800 sq. ft.
    • Opportunity for redevelopment with a conceptual 32-unit building plan.
    • Ideal for investors or developers looking for long-term value.




    Legally registered 5-plex (4 active) with former basement unit offering potential for 2 new suites - envision up to 6 units in total ~ or ~ put up a brand new 32-unit building! Fantastic opportunity in one of welland's most promising growth corridors. This well-maintained building sits on an oversized 63' x 190' lot, zoned rl2 & rm, just steps from the welland canal, merritt island park, and close to major amenities including welland hospital and niagara college. The property features 4 spacious 2-bed 1-bath apts., (each approx. 800 sq. Ft) 5 parking spaces, high basement ceiling with a 5th 4-pc bath and potential for 2 additional apartments, and strong long-term value. A planner-commissioned concept sketch outlines a 32-unit redevelopment vision for the site. The area also presents potential for future land assembly, offering added scale for developers exploring larger residential intensification projects. Ideal for investors, developers, or those seeking a well-located income property with long-term upside. Conceptual plans were prepared by a third party and have not been submitted to the city.
    Listing IDX12539272
    Address13 McMaster Avenue
    CityWelland, Ontario
    Price$999,900
    Bed / Bath8 / 5 Full
    Style2-Storey, Multiplex
    ConstructionBrick, Vinyl Siding
    Land Size14046.89
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Sump Pump, Separate Hydro MeterOutdoor Features Controlled Entry, Porch, Year Round LivingAmenities Park, Ravine, Rec./Commun.Centre, School Bus RouteOwnership FreeholdViews CanalBasement Partially Finished, Walk-Up, Full, Separate EntranceFoundation Concrete BlockHeating / Cooling RadiantHeating Fuel GasSewer Sewer

    Parking 5.00
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    Listing Agency:  RE/MAX ESCARPMENT REALTY INC.
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    13 Mcmaster Avenue
    Welland , Ontario
    8 5 $999,900
    Get more info