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About the Listing 184004 -
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.
Listing Highlights
Status
Active
Days on Site
64
Property Type
Multi-Family
MLS ®
X12539272
Year Built
Total Square Footage
3,000
Lot/Acreage
14046.89
Interior Details
- Bedrooms: 8
- Bathrooms: 5 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Partially Finished,Walk-Up,Full,Separate Entrance
- Other: Sump Pump,Separate Hydro Meter
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof: Flat,Tar and Gravel
- Others: Controlled Entry,Porch,Year Round Living
- Sewer: Sewer
- Parking Features: Front Yard Parking
Financial Details
- Tax Amount: $5,572
- Taxes w/Assessments: N/A
- Tax/Property ID: 641060141
- Tax Year: 2025
Payment Calculator
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Questions About..
13 McMaster Ave Welland, ON L3B 3S6
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