Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
8 Beds
5 Baths
3,672 sqft

C$899,900

13 Mcmaster Avenue, Welland ON, L3B 3S6

Price per sqftC$245.07
Built in1950
Property size3,672 sqft
Property typeMulti-family

Overview

Active

Listed Sep 4, 2026

Updated Sep 5

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.

Additional information

MLS® ID
40860780

Interior Features

Bedrooms
8
Bathrooms
5
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.32 Acres

Other Property Details

Taxes
$5,806
Tax Frequency
Annually
Secondary Association Fee Frequency
Monthly
55+/Senior Community
No

 

Powered by Luxury Presence