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.
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Public records · not part of the MLS® listing
Before you offer: public records for this address
Looking up flood, heritage, permits and planning records…
