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Active
13 McMaster AVE Welland, ON L3B 3S6
8 Beds
5 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision 768 - Welland Downtown
MLS Listing ID X12539272
Style 2-Storey
Bedrooms 8
Annual Tax Amount $5,571
Tax Year 2025
Property Sub-Type Multiplex
Property Description
Legally registered 5-plex (4 active) with former basement unit offering potential for 2 new suites - envision up to 6 units in total ~ OR ~ put up a brand new 32-Unit building! Fantastic opportunity in one of Welland's most promising growth corridors. This well-maintained building sits on an oversized 63' x 190' lot, zoned RL2 & RM, just steps from the Welland Canal, Merritt Island Park, and close to major amenities including Welland Hospital and Niagara College. The property features 4 spacious 2-Bed 1-Bath apts., (each approx. 800 sq.ft) 5 parking spaces, high basement ceiling with a 5th 4-pc bath and potential for 2 additional apartments, and strong long-term value. A planner-commissioned concept sketch outlines a 32-unit redevelopment vision for the site. The area also presents potential for future land assembly, offering added scale for developers exploring larger residential intensification projects. Ideal for investors, developers, or those seeking a well-located income property with long-term upside. Conceptual plans were prepared by a third party and have not been submitted to the City.
Location
Province ON
County Niagara
Area Niagara
Zoning RL2, RM
Rooms
Basement Partially Finished, Walk-Up, Full, Separate Entrance
Kitchen 4
Interior
Interior Features Sump Pump, Separate Hydro Meter
Cooling None
Inclusions 4 Fridges, 4 stoves
Exterior
Exterior Feature Controlled Entry, Porch, Year Round Living
Parking Features None
Pool None
View Canal
Roof Type Flat,Tar and Gravel
Total Parking Spaces 5
Building
Building Age 51-99
Foundation Concrete Block
Others
ParcelsYN No
Lited by RE/MAX ESCARPMENT REALTY INC.
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