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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

FEATURED PROPERTIES
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$1,150,000
Available - For Sale
Listing ID: X12135582
INCOME PROPERTY WITH SIGNIFICANT DEVELOPMENT & VALUE-ADD POTENTIAL! Fantastic opportunity in one of Wellands 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. Buyer to conduct their own due diligence.
Price $1,150,000
Taxes: $5,303
Occupancy by: Owner+T
Address: 13 McMaster Aven , Welland, L3B 3S6, Niagara
Acreage: < .50
Directions/Cross Streets: River Rd and McMaster Ave
Rooms: 16
Bedrooms: 8
Bedrooms +: 0
Washrooms: 4
Family Room: F
Basement: Partially Fi
Walk-Up
No. of Pieces Level
Washroom 1 4 Second
Washroom 2 4 Main
Washroom 3 0
Washroom 4 0
Washroom 5 0
Property Type: Multiplex
Style: 2-Storey
Exterior: Brick
Vinyl Siding
Garage Type: None
(Parking/)Drive: Front Yard
Drive Parking Spaces: 5
Park #1
Parking Type: Front Yard
Park #2
Parking Type: Front Yard
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 3000-3500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Radiant
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Interest Rate: %  
Amortization :  Years
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ESCARPMENT REALTY INC.

13 McMaster Aven , Welland, L3B 3S6, Niagara

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Multiplex
Area: Niagara
Municipality: Welland
Neighbourhood: 768 - Welland Downtown
Style: 2-Storey
Lot Size: x 190.00(Feet)
Approximate Age: 51-99
Tax: $5,303
Maintenance Fee: $0
Beds: 8
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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