




8 Beds
5 Baths
C$899,900
13 McMaster Avenue, Welland ON, L3B 3S6
Property typeMulti-family
Overview
Active
New
Listed Sep 4, 2026
Updated 18h ago
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.
Additional information
- MLS® ID
- X13747618
Interior Features
- Bedrooms
- 8
- Bathrooms
- 5
- Heating
- Yes
- Basement
- Yes
Exterior Features
- Lot Size
- 0.32 Acres
Other Property Details
- Taxes
- $5,572
- Tax Frequency
- Annually
Courtesy of Listed by , RE/MAX ESCARPMENT REALTY INC.,
Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.
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Data last updated 11:44 PM UTC, 10/12/2026