13 McMaster Avenue
Welland (Welland Downtown), ON L3B 3S6
- 8Bedrooms
- 5Bathrooms
- 5Parking
- 3500–5000Sq Ft
- $5,572Tax
- 63×190 ftLot Size
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Sale & Price History for 13 McMaster Avenue, Welland, Welland Downtown
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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About 13 McMaster Avenue, Welland, Welland Downtown
Summarized Description
- Legally registered 5-plex for investment opportunities.
- Unfinished basement allows for additional unit creation.
- Located on a large 63' x 190' lot.
- Two spacious 2-bedroom units per floor.
- Potential market rent of $1,800/month.
- Flexible buyer possession options available.
- Sold as-is for custom updates.
- Ideal for investors or multi-generational living.
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $5,572
- Land Transfer Tax Fee
- $14,473
Rental Items
- Under Contract
- None
- Basement Type
- Development Potential, Full, Partially Finished, Separate Entrance
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- Separate Hydro Meter, Sump Pump
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Exterior Extras
- Controlled Entry, Porch, Year Round Living
- Pool
- None
- Property Features
- Park, Ravine, Rec./Commun.Centre, School Bus Route
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
- Approx Age
- 51-99
Construction
- Exterior Finish
- Brick, Vinyl Siding
- Roof
- Flat, Tar and Gravel
- Foundation Details
- Concrete Block
- Special Designation
- Unknown
Lot
- Lot Front
- 63.00 ft
- Lot Depth
- 190.00 ft
- Lot Size
- 14046.89
- Lot Shape
- Irregular
Inclusions
- Inclusions
- 4 Fridges, 4 Stoves.
Exclusions
- Exclusions
- Tenants belongings.
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 5
- Total Garage And Parking Spaces
- 5
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Radiant
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 8
- Washrooms
- 5
- Kitchens
- 4
Washrooms
- 4-piece, Main
- 4-piece, Second
- 4-piece, Basement
- Municipality
- Welland
- Neighbourhood
- Welland Downtown
- Main cross streets
- River Rd & McMaster Ave
- Zoning
- RL2, RM
- Directions
- Property is situated on the south side of McMaster Ave, between River Rd and Margery Rd
- MLS® number
- X13747618
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-09-04
- Updated on
- 2026-09-04
- Days on market
- 42 days
- Possession type
- Flexible
- Co-op commission
- 2.5%
- Seller
- Listed by
- RE/MAX ESCARPMENT REALTY INC.
Home Market Value
Current home valuation for 13 McMaster Avenue, Welland, Welland Downtown, Welland, ON. Listed for $899,900
HOMEH Estimate
—
Estimated Sales Range
—
HOMEH Estimate for 13 McMaster Avenue, Welland, Welland Downtown
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $399,900 over $500K
$64,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $33,368 | $25,107 | $21,418 | $0 |
=Total mortgage | $867,575 | $835,017 | $786,333 | $719,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $4,236monthly | $4,077monthly | $3,839monthly | $3,515monthly |
Land Transfer Tax
$14,473
$14,473
Around this home
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