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Vancor Realty Inc., Brokerage
Multi-4 UnitFor Sale

13 Mcmaster Avenue

Welland Downtown, Welland, ON L3B 3S6

$899,900

MLS® 40860780

13 Mcmaster Avenue — photo 1 of 41
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  • 8Bedrooms
  • 5Bathrooms
  • 3,672Sq. ft.
  • 5Parking
  • 1950Year built
  • 58Days on market

About this property

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.

Property details

Property

Property type
Multi-4 Unit
Style
Other
Year built
1950
Lot size
63 x 190 ft
Annual taxes
$5,806
Zoning
RL2, RM

Interior

Heating
Natural Gas, Radiant
Cooling
None
Basement
Separate Entrance, Walk-Up Access, Full, Partially Finished
Included
Dryer, Refrigerator, Stove, Washer

Exterior & parking

Construction
Brick, Vinyl Siding
Roof
Flat, Tar/Gravel
Foundation
Block, Concrete Block
Parking spaces
5
Driveway
Front Yard Parking

Utilities

Sewer
Sewer (Municipal)
Water
Municipal

Location

13 Mcmaster Avenue, Welland Downtown, Welland, ON, L3B 3S6

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Listing courtesy of RE/MAX Escarpment Realty Inc.. MLS® 40860780. Data provided by Information Technology Systems Ontario (ITSO), last updated September 4, 2026. Information deemed reliable but not guaranteed.

$899,900

13 Mcmaster Avenue

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