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$899,900
Available - For Sale
Listing ID: X13747618
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.
Price $899,900
Taxes: $5,571.59
Occupancy by: Owner+T
Address: 13 McMaster Avenue , Welland, L3B 3S6, Niagara
Acreage: < .50
Directions/Cross Streets: River Rd & McMaster Ave
Rooms: 16
Bedrooms: 8
Bedrooms +: 0
Washrooms: 5
Family Room: F
Basement: Development
Full
No. of Pieces Level
Washroom 1 4 Main
Washroom 2 4 Second
Washroom 3 4 Basement
Washroom 4 0
Washroom 5 0
Washroom 6 4 Main
Washroom 7 4 Second
Washroom 8 4 Basement
Washroom 9 0
Washroom 10 0
Washroom 11 4 Main
Washroom 12 4 Second
Washroom 13 4 Basement
Washroom 14 0
Washroom 15 0
Property Type: Multiplex
Style: 2-Storey
Exterior: Brick
Vinyl Siding
Garage Type: None
(Parking/)Drive: Front Yard
Drive Parking Spaces: 5
Park #1
Parking Type: Front Yard
Park #2
Parking Type: Front Yard
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 3500-5000
Property Features: Park
Ravine
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Radiant
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Asking Price: $ Heating: $ /Year  
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CMHC/GE $ $ $ $
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ESCARPMENT REALTY INC.

13 McMaster Avenue , Welland, L3B 3S6, Niagara

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Multiplex
Area: Niagara
Municipality: Welland
Neighbourhood: 768 - Welland Downtown
Style: 2-Storey
Lot Size: x 190.00(Feet)
Approximate Age: 51-99
Tax: $5,571.59
Maintenance Fee: $0
Beds: 8
Baths: 5
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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