Space
Finished area and layout
- Square Feet
- 3,500-5,000 sqft
- Bedrooms
- 8
- Bathrooms
- 5





Property Snapshot
MLS #X13747618
Finished area and layout
Type, style and structure
This 8-bedroom, 5-bathroom multiplex in Welland offers 3,500-5,000 sqft of square feet on a 14,047 sqft lot. 2 storeys. The property has lot dimensions of 63 x 190 FT ; Lot is 90' wide at the back, zoned RL2, RM. The home features none, a development potential, full, partially finished, separate entrance basement. Highlights include a none pool.
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. (id:60351)
Property is situated on the south side of McMaster Ave, between River Rd and Margery Rd
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Land, frontage and setting
Price, taxes and monthly charges
Listed by ANIL VERMA, RE/MAX ESCARPMENT REALTY INC.
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Listed by ANIL VERMA, RE/MAX ESCARPMENT REALTY INC. · MLS# X13747618
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