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Listed price in listed location currency (CAD).
$899,900

855

MLS® 40860780

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 3672 sqft
Garage 
Taxes $5,806
Days Active 2
Lot Size 14046 SF
Approx. Age 1950
Avg. Price Per Sqft $245
MLS® Number 40860780

Property Address: 13 Mcmaster Ave, Welland, ON, L3B3S6

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number40860780
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1950
BasementSeparate Entrance, Walk-Up Access, Full, Partially Finished
DrivewayAsphalt, Assigned
Garage Spaces
HeatNatural Gas, Radiant
A/CNone

Extras

None, 4 Refrigerators, 4 Stoves.

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, For Sale for $899,900

For Sale · 2 days

$899,900

MLS® 40860780

3 days ago

Not Sold Yet

September 2026, For Sale for $899,900

For Sale · 2 days

$899,900

MLS® 40860780

3 days ago

Not Sold Yet

May 2026, Expired for $999,900

Expired · 183 days

$999,900

MLS® 40787457

4 months ago

Canceled on May 13, 2026

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