13 Mcmaster Avenue
Welland
L3B 3S6
$899,900
Residential Income
beds: 8
baths: 5.0
3,672 sq. ft.
built: 1950
- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- 40860780
- Bedrooms:
- 8
- Bathrooms:
- 5
- Year Built:
- 1950
- Photos (41)
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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 Type:
- Residential Income
- Property SubType:
- Multi-4 Unit
- Year built:
- 1950 (Age: 76)
- Listing General Location:
- 768 - Welland Downtown, Welland
- Bedrooms:
- 8
- Bathrooms:
- 5.0 (Full:-/Half:-)
- Lot Details:
- 63 x 190
- Lot Depth:
- 190'
- Lot Frontage:
- 63'
- Frontage Type:
- South
- Kitchens:
- 0
- County Or Parish:
- Niagara
- Taxes:
- Signup
- Features:
- Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
- Construction:
- Brick, Vinyl Siding
- Basement:
- Separate Entrance, Walk-Up Access, Full, Partially Finished
- Foundation:
- Block, Concrete Block
- Roof:
- Flat, Tar/Gravel
- Number of Storeys:
- 3
- Number of Buildings:
- 0
- Other Structures:
- None
- Total Floor Area:
- 3,672 sq. ft.
- Finished Area Above Grade:
- 3,672 sq. ft.
- Fireplace:
- false
- Laundry Features:
- Coin Operated, Common Area, Shared
- Water Supply:
- Municipal
- Sewer:
- Sewer (Municipal)
- Cooling:
- None
- Heating:
- Natural Gas, Radiant
- Age Electric:
- 4-10 yrs
- Age Furnace:
- 6 yrs
- Age Plumbing:
- 7 yrs
- None,4 Refrigerators, 4 Stoves.
- Dryer, Refrigerator, Stove, Washer
- Tenant's Belongings.
- None
- Controlled Entry, Separate Hydro Meters
- Patio, Porch
- false
- Access to Water
- No
- Property is situated on the south side of McMaster Ave, between River Rd and Margery Rd
- No
- HST Applicable To Sale Price:
- No
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Association Fee 2:
- Signup
- Association Fee 2 Frequency:
- Signup
- Administrative Fee:
- Signup
- Features:
- Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
- Road Access Fee:
- Signup
- Electric Expense:
- $641.38
- Insurance Expense:
- $2,849.04
- Expenses:
- Actual
- Heating Expense:
- $2,773.53
- Laundry Income:
- $150
- Leases:
- Yes
- Zoning:
- RL2, RM
- Total Acres:
- 14046
- Exposure / Faces:
- North, East
- Lot Site Features:
- Rectangular, Quiet Area
- Features:
- Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
- Garage Spaces:
- 0.0
- Parking Places Covered:
- 0.0
- Parking:
- Asphalt, Assigned
- # Of Total Parking Spaces:
- 5.0
- # Of Open Parking Spaces:
- 5.0
- Driveway Parking:
- Front Yard Parking
- Num Apartment Units:
- 0
- Num Bachelor Units:
- 0
- Num Efficiency Units:
- 0
- Num Loft Units:
- 0
- Num Other Units:
- 1
- Num Penthouse Units:
- 0
- Num Studio Units:
- 0
- Num Occupied Units:
- 3
- Total Units:
- Signup
- Listed Date:
- Sep 04, 2026
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Listed by RE/MAX Escarpment Realty Inc.
Data was last updated September 6, 2026 at 07:50 AM (UTC)
Area Statistics
- Listings on market:
- 11
- Avg list price:
- $619,900
- Min list price:
- $399,000
- Max list price:
- $1,049,900
- Avg days on market:
- 94
- Min days on market:
- 2
- Max days on market:
- 142
- Avg price per sq.ft.:
- $262.5
These statistics are generated based on the current listing's property type
and located in
Welland. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- MITCH MCKECHNIE
- RE/MAX ESCARPMENT REALTY INC. [502 BRANT STREET, UNIT 1A, BURLI
- 1 (905) 6166821
- Contact by Email
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