13 Mcmaster Avenue Welland, Ontario L3B 3S6
$999,900
Legally registered 5-plex (4 active) with former basement unit offering potential for 2 new suites - envision up to 6 units in total ~ OR ~ put up a brand new 32-Unit building! Fantastic opportunity in one of Welland's most promising growth corridors. This well-maintained 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. 800 sq.ft) 5 parking spaces, high basement ceiling with a 5th 4-pc bath and potential for 2 additional apartments, and strong long-term value. A planner-commissioned concept sketch 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. (id:60365)
Property Details
| MLS® Number | X12539272 |
| Property Type | Multi-family |
| Community Name | 768 - Welland Downtown |
| AmenitiesNearBy | Park |
| CommunityFeatures | Community Centre, School Bus |
| EquipmentType | None |
| Features | Irregular Lot Size, Ravine, Sump Pump |
| ParkingSpaceTotal | 5 |
| RentalEquipmentType | None |
| Structure | Porch |
Building
| BathroomTotal | 5 |
| BedroomsAboveGround | 8 |
| BedroomsTotal | 8 |
| Age | 51 To 99 Years |
| Amenities | Separate Electricity Meters |
| Appliances | Stove, Refrigerator |
| BasementDevelopment | Partially Finished |
| BasementFeatures | Walk-up, Separate Entrance |
| BasementType | N/a (partially Finished), N/a, Full, N/a |
| CoolingType | None |
| ExteriorFinish | Brick, Vinyl Siding |
| FireProtection | Controlled Entry |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Radiant Heat |
| StoriesTotal | 2 |
| SizeInterior | 3000 - 3500 Sqft |
| Type | Other |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| LandAmenities | Park |
| Sewer | Sanitary Sewer |
| SizeDepth | 190 Ft |
| SizeFrontage | 63 Ft |
| SizeIrregular | 63 X 190 Ft ; Lot Is 90' Wide At The Back |
| SizeTotalText | 63 X 190 Ft ; Lot Is 90' Wide At The Back|under 1/2 Acre |
| ZoningDescription | Rl2, Rm |
Anil Verma
Salesperson
860 Queenston Rd #4b
Hamilton, Ontario L8G 4A8
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November 13 2025 12:00:10
Toronto Real Estate Board
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