13 Mcmaster Avenue, Welland, Ontario

About 13 Mcmaster Avenue

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. (id:6289)

More Info on this 768 - Welland Downtown Fourplex MLS® listing

13 Mcmaster Avenue is a fourplex listing for sale in Welland. The MLS® number is 40860780. It was built in 1950, features 8 bedrooms, 5 bathrooms and covers 3,672 square feet. It's currently listed for $899,900. For more details on MLS® 40860780, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This fourplex listing in 768 - Welland Downtown is available now!

Selling your 768 - Welland Downtown Fourplex property?

Have a similar home to 13 Mcmaster Avenue? If you’re thinking about selling your 768 - Welland Downtown fourplex property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your Welland property.

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