For Sale: 13 Mcmaster Avenue, Welland, ON - REW
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$899,900
8 bd • 5 ba • 3672 sf • Multifamily
13 Mcmaster Avenue
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$899,900
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13 Mcmaster AvenueWelland, ON, L3B 3S6

  • 8 Bed
  • 5 Bath
  • 3672 Sqft
  • Multifamily

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.
Listed by: Anil Verma, RE/MAX Escarpment Realty Inc.

Home facts and features

Price details
List Price
$899,900
Get Pre-Approved
Gross Taxes for 2026
$5,806
Home facts
Bedrooms
8
Full Bathrooms
5
Parking Spaces
5
Parking Details
Asphalt, Assigned
Property Type
Multifamily
Lot Size
63 ft x 190 ft (11970 ft²)
Depth
190.0
Frontage
63.0
Year Built
Built in 1950 (76 yrs old)
Heating Type
Natural Gas,Radiant
Basement Details
Separate Entrance,Walk-Up Access,Full,Partially Finished
Features
Access To Water, Coin Operated, Common Area, Controlled Entry, Separate Hydro Meters, Shared
Appliances
4 Refrigerators, 4 Stoves.
Agent details
Primary Agent
Primary Broker
RE/MAX Escarpment Realty Inc.
Listing details
Days on REW
46 Days
Property Views
21
MLS® Number
40860780
Source
Information Technology Systems Ontario
Board
Cornerstone Association of REALTORS®
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25 Years
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3.99%

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Property Insights

Collège Notre-Dame
  • Catholic
  • 9 - 12
Notre Dame College School
  • Catholic
  • 9 - 12
DSBN Academy
  • Public
  • 6 - 12
St Kevin Catholic Elementary School
  • Catholic
  • JK - 8
Ross Public School
  • Public
  • JK - 8
St Andrew Catholic Elementary School
  • Catholic
  • JK - 8
Glendale Public School
  • Public
  • JK - 8
Plymouth Public School
  • Public
  • JK - 8
Confédération
  • Public
  • 7 - 12
Princess Elizabeth Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Anil Verma
Phone:
(905) 545-1188
Office:
905-545-1188
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