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Gurdev Singh Virk

realtorgsvirk@gmail.com +1(647) 530-4840

$ 899,900

Est. payment | -/mo

8 Beds

5 Baths

14,046.89 Acres Lot

Save

$ 899,900

Est. payment | -/mo

Save

8 Beds

5 Baths

14,046.89 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision 768 - Welland Downtown

MLS Listing ID X13747618

Style 2-Storey

Bedrooms 8

Annual Tax Amount $5,571

Tax Year 2025

Lot Size 14046.891 Acres

Property Sub-Type Multiplex

Property 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.

Location

Province ON

County Niagara

Area Niagara

Zoning RL2, RM

Rooms

Basement Development Potential, Full, Partially Finished, Separate Entrance

Kitchen 4

Interior

Interior Features Separate Hydro Meter, Sump Pump

Cooling None

Inclusions 4 Fridges, 4 Stoves.

Exterior

Exterior Feature Controlled Entry, Porch, Year Round Living

Parking Features None

Pool None

Roof Type Flat,Tar and Gravel

Total Parking Spaces 5

Building

Building Age 51-99

Foundation Concrete Block

Others

ParcelsYN No

Lited by RE/MAX ESCARPMENT REALTY INC.

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(647) 530-4840

realtorgsvirk@gmail.com

Learn More About LPT Realty

13 McMaster AVE Welland, ON L3B 3S6