32
13 MCMASTER Avenue
$1,150,000 Sale
Listed 102 days ago
· 8
· 4.0
· 5
· 3400
Key Facts
Key facts for 13 MCMASTER Avenue
Property Type
Apartment
Parking
Garage: No, 5 parking
MLS #
40726395
Size
3400 sqft
Basement
Partially finished, Full (Partially finished)
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
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 t...o 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:10452)
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Listing courtesy of: RE/MAX Escarpment Realty Inc.
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