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Laura Stevens

laura.stevens@engelvoelkers.com +1(705) 765-1474

$ 999,900

Est. payment -/mo

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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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Laura Stevens

Broker | License ID: 4787845

+1(705) 765-1474

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