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For sale
    • C$899,900

    13 McMaster Ave, Welland, ON L3B 3S6

    8beds
    5baths
    3,672sqft
    Multi-4 Unit, Multi Family
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    C$245/sqft
    C$-- HOA

    What's special

    Intact plumbing rough-ins
    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.
    12 hours
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    Zillow last checked:

    Listing updated:

    Listed by:

    Anil Verma, Salesperson,

    RE/MAX Escarpment Realty Inc.

    Source: ITSO,MLS®#: 40860780Originating MLS®#: Cornerstone Association of REALTORS®

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 5
      Heating
      • Natural Gas, Radiant
      Cooling
      • None
      Appliances
      • Included: Dryer, Refrigerator, Stove, Washer
      • Laundry: Coin Operated, Common Area, Shared
      Features
      • None
      • Basement: Separate Entrance,Walk-Up Access,Full,Partially Finished
      • Has fireplace: No
      Interior area
      • Total structure area: 3,672
      • Total interior livable area: 3,672 sqft
      • Finished area above ground: 3,672

      Property

      Parking
      • Total spaces: 5
      • Parking features: Asphalt, Assigned, Front Yard Parking
      • Uncovered spaces: 5
      Features
      • Stories: 2
      • Patio & porch: Patio, Porch
      • Exterior features: Controlled Entry, Separate Hydro Meters
      • Waterfront features: Access to Water
      • Frontage type: South
      • Frontage length: 63.00
      Lot
      • Size: 0.32 Acres
      • Dimensions: 63 x 190
      • Features: Rectangular, Quiet Area
      Details
      • Additional structures: None
      • Parcel number: 641060141
      • Zoning: RL2, RM

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi-4 Unit, Multi Family
      Materials
      • Brick, Vinyl Siding
      • Foundation: Block, Concrete Block
      • Roof: Flat, Tar/Gravel
      Condition
      • 51-99 Years
      • New construction: No
      • Year built: 1950

      Utilities & green energy

      • Sewer: Sewer (Municipal)
      • Water: Municipal

      Community & HOA

      Location
      • Region: Welland

      Financial & listing details

      • Price per square foot: C$245/sqft
      • Annual tax amount: C$5,806
      • Date on market: 9/4/2026
      • Inclusions: None, 4 Refrigerators, 4 Stoves.
      • Exclusions: Tenant's Belongings.

        Price history

        DateEventPrice
        9/4/2026Price changeC$899,900-35.3%C$245/sqft
        Source: ITSO #40860780 Report a problem
        5/14/2024Price changeC$1,389,900-6.7%C$379/sqft
        Source: Cornerstone Association of REALTORS® - Hamilton-Burlington #H4180740 Report a problem
        11/23/2023Listed for saleC$1,489,900C$406/sqft
        Source: Cornerstone Association of REALTORS® - Hamilton-Burlington #H4180740 Report a problem

        Public tax history

        Tax history is unavailable.

        Climate risks

        Neighborhood: L3B

        Getting around

        62 / 100
        Somewhat Walkable
        75 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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