ON > Welland
Welland, ON L3B 3S6,13 Mcmaster Avenue
Welland, ON L3B 3S6,13 Mcmaster Avenue
Welland, ON L3B 3S6,13 Mcmaster Avenue
Welland, ON L3B 3S6,13 Mcmaster Avenue
Welland, ON L3B 3S6,13 Mcmaster Avenue
Welland, ON L3B 3S6,13 Mcmaster Avenue
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Liliana Grovu

Liliana Grovu

+1(647) 980-3609
Listed by Anil Verma • RE/MAX Escarpment Realty Inc.
$ 1,150,000
Est. payment | /mo

8 Beds

4 Baths

3,400 SqFt

Save
$ 1,150,000
Est. payment | /mo
Save

8 Beds

4 Baths

3,400 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-5 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 3,400 sqft

Price per Sqft $338

MLS Listing ID 40726395

Bedrooms 8

Abv Grd Liv Area 3,400

Annual Tax Amount $5,303

Property Sub-Type Multi-5 Unit

Source Hamilton - Burlington

Property Description

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!

Location

State ON

County Niagara

Area Welland

Zoning RL2, RM

Direction Property is situated on the south side of McMaster Ave, between River Rd and Margery Rd

Rooms

Other Rooms None

Basement Separate Entrance, Walk-Up Access, Full, Partially Finished

Kitchen 0

Interior

Interior Features None

Heating Natural Gas, Radiant

Cooling None

Fireplace No

Appliance Dryer, Refrigerator, Stove, Washer

Laundry Coin Operated, Common Area, Shared

Exterior

Exterior Feature Controlled Entry, Separate Hydro Meters

Parking Features Asphalt, Assigned

Waterfront Description Access to Water

Roof Type Flat,Tar/Gravel

Porch Patio, Porch

Lot Frontage 63.0

Lot Depth 190.0

Garage No

Building

Lot Description Rectangular, Quiet Area

Faces Property is situated on the south side of McMaster Ave, between River Rd and Margery Rd

Story 2

Foundation Block, Concrete Block

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick,Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 641060141

Ownership Freehold/None

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+1(647) 980-3609

lilianagrovu@gmail.com

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13 Mcmaster Avenue