We use cookies and other technologies for functionality, security, and to provide you with a personalized experience on our online services. By continuing to use our online services, you agree to our Privacy Policy and Terms of Use. For information on how to adjust your privacy settings, visit our Cookie Policy.
Dismiss
Home ON St. Catharines - Niagara Niagara Region Welland Market Square
13 MCMASTER AVENUE
Directions Print
13 MCMASTER AVENUE $999,900
$999,900
Hide
Favourite

13 MCMASTER AVENUE
Welland (Welland Downtown), Ontario L3B3S6

MLS® Number: X12539272
8
Bedrooms
5
Bathrooms
3000 - 3500
Square Feet

Listing 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. (41636697)

Location Description

Cross Streets: River Rd and McMaster Ave. ** Directions: PROPTERY IS SITUATED ON THE SOUTH SIDE OF MCMASTER AVE, BETWEEN RIVER RD AND MARGERY RD.

Property Summary

Property Type
Multi-family
Building Type
Other
Storeys
2
Square Footage
3000 - 3500 sqft
Community Name
768 - Welland Downtown
Land Size
63 x 190 FT ; LOT IS 90' WIDE AT THE BACK|under 1/2 acre
Age Of Building
51 to 99 years
Annual Property Taxes
$5,571.59
Parking Type
No Garage
Time on REALTOR.ca
33 days

Building

Bedrooms
Above Grade
8
Bathrooms
Total
5
Interior Features
Appliances Included
Stove, Refrigerator
Basement Features
Walk-up, Separate entrance
Basement Type
Partially finishedFull
Building Features
Features
Irregular lot size, Ravine, Sump Pump
Foundation Type
Block
Fire Protection
Controlled entry
Building Amenities
Separate Electricity Meters
Rental Equipment
None
Structures
Porch
Heating & Cooling
Cooling
None
Heating Type
Radiant heat (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl siding
Neighbourhood Features
Community Features
Community Centre, School Bus
Amenities Nearby
Park
Parking
Parking Type
No Garage
Total Parking Spaces
5

Measurements

Square Footage
3000 - 3500 sqft

Land

Lot Features
Frontage
63 ft
Land Depth
190 ft
Other Property Information
Zoning Description
RL2, RM
Are you interested in touring this listing?
Request a showing

Similar Listings

ANIL VERMA