Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of Welland Downtown. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $899,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
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.
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This multiplex located at 13 McMaster Avenue, Welland is currently for sale and has been available on SousaSells for 4 days. This property is listed at $899,900 with an estimated mortgage of $2,995* per month. It has 8 beds, 5 bathrooms, and is 3500-5000 square feet. 13 McMaster Avenue, Welland is in the Welland Downtown neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 8 bedrooms and 5 bathrooms, this home offers ample space and comfort for growing families in Welland Downtown, Welland.
Growing families needing multi-bedroom flexibility and space in Welland Downtown, Welland.
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No historical data available for this property.
This could be the first listing for this address.
The current listing price for 13 McMaster Avenue, Welland, ON in Welland Downtown, Welland is $899,900.
This property features 8 bedrooms and 5 bathrooms across approximately 3500-5000 sqft.
13 McMaster Avenue, Welland, ON is a Multiplex (2-Storey) featuring a Development Potential, Full, Partially Finished, Separate Entrance basement.
Key property features include: Park, Ravine, Rec./Commun.Centre, School Bus Route.
Interior highlights include: Separate Hydro Meter, Sump Pump.
Yes, this property offers parking space for 5.0 vehicles (None).
Heating is provided via Gas and cooling via None.
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Welland Downtown, Welland
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Data-driven valuation for 13 McMaster Avenue, Welland, ON L3B 3S6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Welland.
About Purchasing a Home in Welland, ON
For a property listed at $899,900 in Welland, the legal minimum down payment is $64,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $14,473 for this transaction. As this listing is in Welland (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $14,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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