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    For Sale - 13 McMaster Avenue, Welland, Ontario

    Est payment $4,321/mo
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    Views   4
    Time on Jump  23 day

    AI Summary *

    • Legally registered 5-plex offering great investment flexibility and potential.
    • Massive lot with prime zoning near the Welland Canal.
    • Two spacious 2-bedroom units per floor for steady income.
    • Unfinished basement with separate access for easy additional unit creation.
    • Custom updates possible in as-is condition for maximum return on investment.




    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.
    Listing IDX13747618
    Address13 McMaster Avenue
    CityWelland, Ontario
    Price$899,900
    Bed / Bath8 / 5 Full
    Style2-Storey, Multiplex
    ConstructionBrick, Vinyl Siding
    Land Size14046.89
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Separate Hydro Meter, Sump PumpOutdoor Features Controlled Entry, Porch, Year Round LivingAmenities Park, Ravine, Rec./Commun.Centre, School Bus RouteOwnership FreeholdBasement Development Potential, Full, Partially Finished, Separate EntranceFoundation Concrete BlockHeating / Cooling RadiantHeating Fuel GasSewer Sewer

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    Listing Agency:  RE/MAX ESCARPMENT REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    13 Mcmaster Avenue
    Welland , Ontario
    8 5 $899,900
    Get more info