ON > Welland > 768 - Welland Downtown
Welland, ON L3B 3S6,13 McMaster AVE
Welland, ON L3B 3S6,13 McMaster AVE
Welland, ON L3B 3S6,13 McMaster AVE
Welland, ON L3B 3S6,13 McMaster AVE
Welland, ON L3B 3S6,13 McMaster AVE
Welland, ON L3B 3S6,13 McMaster AVE
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Peter Torkan

Peter Torkan

+1(416) 847-5288
$ 1,150,000
Est. payment | /mo

8 Beds

4 Baths

Save
$ 1,150,000
Est. payment | /mo
Save

8 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision 768 - Welland Downtown

MLS Listing ID X12135582

Style 2-Storey

Bedrooms 8

Building Age 51-99

Annual Tax Amount $5,303

Tax Year 2024

Property Sub-Type Multiplex

Property Description

INCOME PROPERTY WITH SIGNIFICANT DEVELOPMENT & VALUE-ADD POTENTIAL! Fantastic opportunity in one of Wellands 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. Buyer to conduct their own due diligence.

Location

Province ON

County Niagara

Community 768 - Welland Downtown

Area Niagara

Rooms

Family Room No

Basement Partially Finished, Walk-Up

Kitchen 4

Interior

Interior Features None

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Front Yard Parking

Pool None

Roof Type Flat,Tar and Gravel

Lot Frontage 63.0

Lot Depth 190.0

Total Parking Spaces 5

Building

Foundation Block, Concrete Block

Listed by RE/MAX ESCARPMENT REALTY INC.
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 847-5288

peter.torkan@theagencyre.com

378 Fairlawn Ave, York, M5M, 1T8, Canada

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13 McMaster AVE