For Sale

13 McMaster Avenue

$899,900
Welland, Ontario L3B 3S6 · MLS® X13747618 · Updated 5h ago
13 McMaster Avenue, Welland, ON L3B 3S6
1 / 41 photos
8
Bedrooms
5
Bathrooms
Sq Ft
5
Parking

About This Home

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.

Property Information

Type
Residential Freehold
Style
Multiplex
Architectural Style
2-Storey
Age
51-99
Lot Size
63 × 190 ft
Direction Faces
South
Bedrooms
8
Kitchens
4
Parking
5 total · None
Cross Street
River Rd & McMaster Ave
Postal Code
L3B 3S6
Occupancy
Owner+Tenant
Possession
Flexible
MLS#
X13747618
Listing Office
RE/MAX ESCARPMENT REALTY INC.

Building Details

Construction
Brick, Vinyl Siding
Roof
Flat, Tar and Gravel
Heating
Radiant · Gas
Cooling
None
Basement
Development Potential, Full, Partially Finished, Separate Entrance
Fireplace
No
Laundry
Lower Level
Pool
None

Features & Amenities

Interior
Separate Hydro MeterSump Pump
Exterior
Controlled EntryPorchYear Round Living
Property
ParkRavineRec./Commun.CentreSchool Bus Route

Financials & Fees

Annual Property Tax
$5,571.59 (2025)

Inclusions & Exclusions

Inclusions

4 Fridges, 4 Stoves.

Exclusions

Tenants belongings.

Location

Listing courtesy of:RE/MAX ESCARPMENT REALTY INC.

Source: Toronto Regional Real Estate Board (TRREB), via PropTx Innovations Inc.

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