Scott Morgan - Sutton
44 Baldwin Street
Brooklin, ON L1M1A2
$899,900 $4,831 est/mo Sourced by Back At You
13 Mcmaster Avenue,Welland, ON L3B3S6
Welland, ON L3B3S6
Description
LEGALLY REGISTERED 5-PLEX ASSET WITH FANTASTIC INVESTMENT FLEXIBILITY! Welcome to 13 McMaster Ave, a purpose-built multi-residential property situated on a massive 63' x 190' lot with premium medium-density RM/RL2 zoning steps from the Welland Canal. This structurally efficient building features an ideal layout of two spacious, 2-bedroom units per floor, offering an excellent mix of baseline income stability alongside flexible buyer possession options. The ultimate equity play sits in the full, unfinished walk-up basement with separate exterior access; it is fully grandfathered and taxed by MPAC as a 5-plex, featuring intact plumbing rough-ins where the 5th unit previously sat. Rebuild the 5th suite to instantly scale your asset valuation while completely avoiding costly municipal development fees. Property is being sold in as-is condition, allowing you to execute your own custom updates, capitalize on realistic market rent targets of $1,800/month, and maximize your forced-equity margins in a top Niagara rental pocket. Perfect for an investor looking for a value-add project with incredible structural bones or a buyer looking for a multi-generational setup. (id:13843)
Details
| MLS # | 40860780 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1950 |
| Days On Site | 50 |
| Listing Provided By | RE/MAX Escarpment Realty Inc. | Anil Verma |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 5 Total |
| SQ Feet | 3,672 |
| Basement | Y |
| Story(s) | 2 |
| Units | 5 |
| Zoning | RL2, RM |
Interior
| Cooling | None |
|---|---|
| Heating | Radiant heat, Natural gas |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Paved driveway, Laundry- Coin operated |
|---|---|
| Foundation Details | Block |
Parking
| Parking Total | 5 |
|---|
Utilities
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 5806.07 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Welland |
| Postal Code | L3B3S6 |
| Community Name | 768 Welland Downtown |
| Listing VS Median (in 768 Welland Downtown) | |
Price: $899,900 low | high Med: $394,900 sqft: 3,672 low | high Med: 1,301 $ / sqft: $245 low | high Med: $304 On site: 50 low | high Med: 99 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Welland |
| Postal Code | L3B3S6 |
| Community Name | 768 Welland Downtown |
| Listing VS Median (in 768 Welland Downtown) | |
Price: $899,900 low | high Med: $394,900 sqft: 3,672 low | high Med: 1,301 $ / sqft: $245 low | high Med: $304 On site: 50 low | high Med: 99 | |
Nearby Listings (Within 1/10 mile)
Price: $674K - $1.124M
sqft: 2,500 - 4,500
Listing Updated: September 28, 2026 at 9:50:56 PM PDT
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