13 McMaster Avenue, Welland - Listed at $899,900. | Modern Solution Realty

13 McMaster Avenue, Welland

13 McMaster Avenue in Welland - 8 bedroom, 5 bathroom. Listed at $899,900.

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 Details

  • Property Type: Mortgage
  • Style: 2-Storey
  • Square Footage: 4250 sqft
  • Basement: Development Potential
  • Heating: Gas
  • Cooling: None
  • Parking: 5 spaces
  • Property Taxes: $5,571.59/yr
  • Neighbourhood: 768 - Welland Downtown
  • Postal Code: L3B 3S6

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