13 McMaster Avenue

Welland, 768 - Welland Downtown

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.

This multiplex home located at 13 McMaster Avenue, Welland, ON L3B 3S6 is currently for For Sale and has been available on Wedu.ca for days. This property is listed at CA$1M. It has 8 beds, 4 bathrooms, and is 3000-3500 square feet. The property is N/A years old. 13 McMaster Avenue, Welland, ON L3B 3S6 is in Welland neighborhood 768 - Welland Downtown.