MultiplexOn market 70 days

13 McMaster Ave, Welland

Name: 13 McMaster Avenue
SKU: X13747618
Price: 899900 CAD
Availability: InStock

Welland, ON · · MLS® X13747618Updated September 4, 2026

$899,900Est. $4,421/mo mortgage

Bedrooms: 8
Bathrooms: 5
Living space: 3500–5000sq ft
Parking spaces: 5

Type Multiplex
Lot 50 acres
Basement Development Potential, Full

What you should know

13 McMaster Ave is an 8-bedroom, 5-bathroom multiplex in Welland, listed for $899,900. It has 3500-5000 sq ft of living space.

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.

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8 Bed, 5 Bath Multiplex in Welland

About 13 McMaster Avenue

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.

8 bedrooms, 5 bathrooms, about 3,500 sq ft, works out to roughly $257 per square foot. Chat with Zara if you'd like a deeper read on whether this multiplex fits your budget and timing.

Inside 13 McMaster Ave

Every detail from the listing, in one place.

Type: Multiplex
Style: 2-Storey
Living space: 3500-5000 sq ftas stated on the listing
Parking: 5 spaces
Basement: Development Potential, Full

Features & systems

Parking & garage

Parking spaces: 5

Interior

Basement: Development Potential · Full

Lot & land

Lot size (sqft): 14046.89

Listing & possession

Property style: 2-Storey
Property class: Multiplex

13 McMaster Ave Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Sep 4, 2026For saleListedThis listingMLS® X13747618$899,900

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 13 McMaster Ave Compares to the Welland Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Excellent Deal· based on 518 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Welland market, last 90 days

Median sold price: $525,000
Average sold price: $543,935
Average days on market: 45
Homes sold: 273

Closed sales on the TRREB MLS®.

Full Welland market report

Recently sold nearby in Welland

Sold prices are shown free to signed-in members, as board rules require.

4 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

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Home	Sold price	$ / sqft	% of asking	Sold
This home13 McMaster Avenue 8 bd · 5 ba · 3,500 sqft	$899,900asking	$257	—	—
14 Asher Street 7 bd · 4 ba · 700 sqft
22 Kennedy Street 7 bd · 6 ba · 2,000 sqft
35 Aqueduct Street 8 bd · 6 ba · 3,500 sqft
38-40 First Street 7 bd · 5 ba · 3,500 sqft

14 Asher Street
7 bd · 4 ba · 700 sqft
22 Kennedy Street
7 bd · 6 ba · 2,000 sqft
35 Aqueduct Street
8 bd · 6 ba · 3,500 sqft
38-40 First Street
7 bd · 5 ba · 3,500 sqft

Living in Welland: Location & Amenities

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Costs, Mortgage & Rental Return for 13 McMaster Ave

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $4,421; 20% down · 25 years · 5.5% assumed
Property tax: $495; 0.66% mill rate · ON
Total per month: $4,916; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

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Estimated monthly payment

$4,421

/mo

based on the purchase price of $899,900

Down payment20%

$179,980 cash

Amortization25 yr

$719,920 financed

Rate5.50%

$606,362 total interest

Principal54%$719,920

Interest46%$606,362

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

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Listing brokerage: RE/MAX ESCARPMENT REALTY INC., BrokerageMLS® X13747618 · Listing data last updated September 4, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

For sale· listed Sep 3· $257/sq ft

Estimated monthly mortgage$4,421/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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