13 Mcmaster Avenue Welland, Ontario L3B 3S6
$1,150,000
INCOME PROPERTY WITH SIGNIFICANT DEVELOPMENT & VALUE-ADD POTENTIAL! Fantastic opportunity in one of Welland’s 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. Call Now! You Don’t Want to Miss this Rare Opportunity! (id:52486)
Property Details
| MLS® Number | 40726395 |
| Property Type | Multi-family |
| CommunityFeatures | Quiet Area |
| Features | Paved Driveway, Laundry- Coin Operated |
| ParkingSpaceTotal | 5 |
| Structure | Porch |
Building
| BathroomTotal | 4 |
| BedroomsTotal | 8 |
| BasementDevelopment | Partially Finished |
| BasementType | Full (partially Finished) |
| CoolingType | None |
| ExteriorFinish | Brick, Vinyl Siding |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Radiant Heat |
| StoriesTotal | 2 |
| SizeInterior | 3400 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeDepth | 190 Ft |
| SizeFrontage | 63 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | Rl2, Rm |
https://www.realtor.ca/real-estate/28282538/13-mcmaster-avenue-welland
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Anil Verma
Salesperson
860 Queenston Road Unit 4b
Stoney Creek, Ontario L8G 4A8
Sheri Robins
Salesperson
860 Queenston Road Suite A
Stoney Creek, Ontario L8G 4A8
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May 08 2025 07:58:44
REALTORS® Association of Hamilton-Burlington
RE/MAX Escarpment Realty Inc.