← Multi-unit homes, for sale

Multiplex · For sale

13 McMaster Avenue, Welland

$899,900

Listing brokerage: RE/MAX ESCARPMENT REALTY INC. · MLS® X13747618

Property report for this address · zoning, second units, flood, schools (public records)

Listing brokerage
RE/MAX ESCARPMENT REALTY INC.
Type
Multiplex
Deal
For sale
Category
Residential · Multi-unit homes
Bedrooms
8
Bathrooms
5
Size
3500-5000 sq ft
Lot
63 x 190 ft
Area
768 - Welland Downtown
MLS® number
X13747618

Description

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.

Public records · not part of the MLS® listing

Before you offer: public records for this address

Looking up flood, heritage, permits and planning records…