13 Mcmaster Avenue, Welland ON L3B 3S6

$ 1,150,000
13 Mcmaster Avenue, Welland ON L3B 3S6,
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Overview

  • Updated On:
  • May 23, 2025
  • 8 Bedrooms
  • 4 Bathrooms
  • 3,400 ft2

Description

INCOME PROPERTY WITH SIGNIFICANT DEVELOPMENT & VALUE-ADD POTENTIAL! Fantastic opportunity in one of Welland’s 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. Call Now! You Don’t Want to Miss this Rare Opportunity!

Address: 13 Mcmaster Avenue, Welland ON L3B 3S6
City:
State/County:
Zip: L3B 3S6
Country: CA
Open In Google Maps
Property Id : 2764566
Price: $ 1,150,000
Property Size: 3,400 ft2
Bedrooms: 8
Bathrooms: 4
Other Features
Controlled Entry
Dryer
Has Heating System
None
Open Parking
Refrigerator
Separate Hydro Meters
Stove
Washer
$ 4,458.78
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 4,458.78

Mazher Latif

Real Estate Agent
Member of: Cityscape Real Estate Ltd., Brokerage

Contact Me

Schedule a showing?
Call +1 (519) 209-6934 WhatsApp

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Mazher Latif