13 Mcmaster Avenue, Welland, Ontario

$1,150,000

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8

Beds

4

Baths

3,400

Square feet

About 13 Mcmaster Avenue

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:36535)

Features of 13 Mcmaster Avenue

Listing # 40726395
Price $1,150,000
Bedrooms 8
Bathrooms 4.00
Square Footage 3,400
Acres 0.00
Type Multi-family
Sub-Type Freehold

Community Information

Address 13 Mcmaster Avenue
Subdivision 768 - Welland Downtown
City Welland
Province Ontario
Postal Code L3B3S6

Amenities

Features Paved driveway, Laundry- Coin operated
Parking Spaces 5
Is Waterfront No
Has Pool No

Interior

Heating Natural gas Radiant heat
Cooling None
Fireplace No
# of Stories 2
Has Basement Yes
Basement Type Full (Partially finished)
Basement Development Partially finished

Exterior

Exterior Brick, Vinyl siding
Foundation Block

Listing Details

OfficeCourtesy Of Anil Verma and Sheri Robins Of RE/MAX Escarpment Realty Inc.

Listing Map