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About the Listing 184004 -
INCOME PROPERTY WITH SIGNIFICANT DEVELOPMENT & VALUE-ADD POTENTIAL! Fantastic opportunity in one of Wellands most promising growth corridors. This well-maintained 5-unit 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. 1000 sq.ft) 5 parking spaces, high basement ceiling with potential for an additional unfinished unit, and strong long-term value. A planner-commissioned concept sketch (available to serious inquiries) 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. Buyer to conduct their own due diligence.
Listing Highlights for 13 McMaster Ave
Status
Active
Days on Site
125
Property Type
Multi-Family
MLS ®
X12135582
Year Built
Total Square Footage
3,000
Lot/Acreage
N/A
Interior Details
- Bedrooms: 8
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Partially Finished,Walk-Up
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof: Flat,Tar and Gravel
- Others:
- Sewer: Sewer
- Parking Features: Front Yard Parking
Financial Details
- Tax Amount: $5,303
- Taxes w/Assessments: N/A
- Tax/Property ID: 641060141
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
13 McMaster Ave Welland, ON L3B 3S6
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