ON
Welland
L3B3S6
13 MCMASTER Avenue
13 MCMASTER Avenue, Welland, ON L3B3S6
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Listing Type
Multi Family
Listing Status
active
32
$1,150,000

Home Details for 13 MCMASTER Avenue

Price
$1,150,000
Type
Residential Income
Bedrooms
8
Bathrooms
4.0
Square feet
NaN
Parking
Days on site
124
Listing #
40726395
Property 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! (id:31684)

Property Features
  • Heating Information
    • Natural Gas
    • Radiant
  • Cooling Information
    • None
Listing Courtesy: RE/MAX Escarpment Realty Inc.
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