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. (id:63626)
Listed by: Anil Verma, Salesperson, RE/MAX Escarpment Realty Inc.

Home facts and features

Price details
List Price
$899,900
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Gross Taxes for 2026
$5,806
Home facts
Bedrooms
8
Full Bathrooms
5
Parking Spaces
5
Property Type
Multifamily
Depth
Frontage
63.0 feet
Year Built
Built in 1950 (76 yrs old)
Title
Freehold
Exterior Finish
Brick, Vinyl siding
Heating Type
Radiant heat, Natural gas
Basement Details
Partially finished, Full
Features
Laundry- Coin operated, Paved driveway
Agent details
Primary Agent
Anil Verma
Primary Broker
RE/MAX Escarpment Realty Inc.
Listing details
Days on REW
1 Day
MLS® Number
40860780
Source
Canadian Real Estate Association
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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
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Anil Verma
Phone:
(905) 545-1188
Office:
905-545-1188
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