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Active
13 MCMASTER AVENUE Welland (welland Downtown), ON L3B3S6
8 Beds
5 Baths
3,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $333
Subdivision 768 - Welland Downtown
MLS® Listing ID X12539272
Bedrooms 8
Source Toronto Regional Real Estate Board
Property Description
Legally registered 5-plex (4 active) with former basement unit offering potential for 2 new suites - envision up to 6 units in total ~ OR ~ put up a brand new 32-Unit building! Fantastic opportunity in one of Welland's most promising growth corridors. This well-maintained 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. 800 sq.ft) 5 parking spaces, high basement ceiling with a 5th 4-pc bath and potential for 2 additional apartments, and strong long-term value. A planner-commissioned concept sketch 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. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Radiant heat
Cooling None
Exterior
Parking Features No
Community Features Community Centre, School Bus
View Y/N No
Total Parking Spaces 5
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Listed by RE/MAX ESCARPMENT REALTY INC.
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