13 MCMASTER AVENUE, Welland, Ontario

$999,900

8 Beds
5 Baths

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. (id:50212)

Listing ID: X12539272
Property Type: Multi-family

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Details

Amenities Nearby: Park
Community Features: Community Centre, School Bus
Equipment: None
Features: Irregular lot size, Ravine, Sump Pump
Parking Spaces: 5
Rental Equipment: None
Structure: Porch
Transaction: For sale
Zoning Description: RL2, RM

Building

Amenities: Separate Electricity Meters
Appliances: Stove, Refrigerator
BasementType: N/A (Partially finished), N/A, Full, N/A
Basement Development: Partially finished
Basement Features: Walk-up, Separate entrance
Bedrooms Main Level: 8
Cooling: None
Exterior Finish: Brick, Vinyl siding
Fireplace Present: False
Fire Protection: Controlled entry
Foundation: Block
Bathrooms (Total): 5
Heating: Radiant heat
Heating Fuel: Natural gas
Size Interior: 3000 - 3500 sqft
Stories Total: 2
Type: Other
Utility Water: Municipal water

Land

Amenities: Park
Sewer: Sanitary sewer
Size Frontage: 63 ft
Size Irregular: 63 x 190 FT ; LOT IS 90' WIDE AT THE BACK

Listing provided by RE/MAX ESCARPMENT REALTY INC.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 13 MCMASTER AVENUE in Welland Ontario. It was last modified on November 12th, 2025. Contact The TanTeam to schedule a viewing or to discover other Welland real estate for sale.

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