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Home ON St. Catharines - Niagara Welland Market Square
13 MCMASTER AVENUE
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13 MCMASTER AVENUE $1,150,000
$1,150,000
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13 MCMASTER AVENUE
Welland (Welland Downtown), Ontario L3B3S6

MLS® Number: X12135582
8
Bedrooms
4
Bathrooms
3000 - 3500
Square Feet

Listing Description

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. (40420542)

Location Description

River Rd and McMaster Ave

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|under 1/2 acre
Age Of Building
51 to 99 years
Annual Property Taxes
$5,303
Parking Type
No Garage
Time on REALTOR.ca
11 days

Building

Bedrooms
Above Grade
8
Bathrooms
Total
4
Interior Features
Appliances Included
Stove, Refrigerator
Basement Features
Walk-up
Basement Type
N/A (Partially finished)
Building Features
Foundation Type
Block
Heating & Cooling
Heating Type
Radiant heat (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl siding
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
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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