




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