13 MCMASTER Avenue
768 - Welland Downtown Welland L3B 3S6

$999,900
Multi-family beds: 8 baths: 4.0 3,400 sq. ft.

Main Photo: 13 MCMASTER Avenue in Welland: Multi-family for sale : MLS®# 40787457
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Status:
Active
Prop. Type:
Multi-family
MLS® Num:
40787457
Bedrooms:
8
Bathrooms:
4
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 (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:2493)
Property Type:
Multi-family
Common Interest:
Freehold
Total Living Area:
3,400 sq. ft.
Finished Area Above Grade:
3,400 sq. ft.
Zoning:
RL2, RM
Taxes:
$5,571.59 / -
Community:
768 - Welland Downtown
Exterior Features:
Brick, Vinyl siding
Community Features:
Quiet Area
Bedrooms:
8
Bathrooms:
4.0
Cooling:
None
Fireplace:
No
Foundation:
Block
Heating:
Radiant heat, Natural gas
# Storeys:
2.0
Water:
Municipal water
Sewer:
Municipal sewage system
Basement:
Partially finished, Full
Lot Frontage:
63'
Lot Features:
Paved Driveway, Laundry- Coin operated
Total Parking Spaces:
5
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Listed by RE/MAX Escarpment Realty Inc.
Data was last updated November 30, 2025 at 10:15 PM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$688,450
Min list price:
$499,900
Max list price:
$999,900
Avg days on market:
34
Min days on market:
11
Max days on market:
97
Avg price per sq.ft.:
$214.13
These statistics are generated based on the current listing's property type and located in 768 - Welland Downtown. Average values are derived using median calculations. This data is not produced by the MLS® system.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.