13 MCMASTER Avenue, Welland, Ontario
$1,150,000
- 8 Beds
- 4 Baths
- 3,400 Square Feet
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:23309)
- Listing ID: 40726395
- Property Type: Multi-family
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 13 MCMASTER Avenue in Welland Ontario. It was last modified on May 8th, 2025. Contact Cheryl DesRoches to schedule a viewing or to discover other Welland real estate for sale.