$499,999
Available - For Sale
Listing ID: X13027920
577 King Street , Welland, L3B 3L3, Niagara
| A rare find on one of Welland's most active main streets - 577 King Street combines a fully updated 3 bedroom home with CC2 commercial zoning, giving you options most properties simply can't offer. Live upstairs, run your business from the main-floor storefront, and collect income from the additional units. Or lease the entire building and let the numbers work for you.The layout does the heavy lifting: three separate entrances, a dedicated storefront with street-facing display windows, and a detached garage and workshop - currently projecting $200/month on its own. With two residential units at an estimated $1,400 each and commercial frontage income, gross monthly potential reaches $4,400.Inside, the home has been updated throughout with new flooring, fresh paint, renovated bathrooms, and a modern kitchen equipped with a new fridge and gas air-fryer stove. The primary bedroom benefits from generous dedicated storage space - a practical touch that's harder to find in properties of this era. The unfinished basement adds further potential for additional living or storage space.Location earns its own mention: a 5-minute walk to Welland General Hospital, transit at the door, and highway access within 7 minutes. The property sits within Welland's official Health and Wellness Cluster - a municipal designation that actively supports medical, therapeutic, and professional service uses on this corridor. Six parking spaces and a fenced rear yard complete the picture.Accessibility is already considered, with the front entrance readily adaptable for wheelchair access - an asset for any health or wellness operator. Multi-unit conversion is subject to municipal approval. Buyers to conduct their own due diligence regarding zoning and permits. |
| Price | $499,999 |
| Taxes: | $3760.67 |
| Assessment Year: | 2025 |
| Occupancy: | Owner |
| Address: | 577 King Street , Welland, L3B 3L3, Niagara |
| Directions/Cross Streets: | Fourth Street and King Street |
| Bedrooms: | 3 |
| Bedrooms +: | 0 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Second |
| Washroom Type 2 | 2 | Main |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 3 | Second |
| Washroom Type 7 | 2 | Main |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Property Type: | Other |
| Style: | 2-Storey |
| Exterior: | Aluminum Siding |
| Garage Type: | Detached |
| Drive Parking Spaces: | 4 |
| Pool: | None |
| Approximatly Square Footage: | 1500-2000 |
| 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: | Water |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
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| EXP REALTY |
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Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
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At a Glance:
| Type: | Freehold - Other |
| Area: | Niagara |
| Municipality: | Welland |
| Neighbourhood: | 773 - Lincoln/Crowland |
| Style: | 2-Storey |
| Tax: | $3,760.67 |
| Beds: | 3 |
| Baths: | 2 |
| Fireplace: | N |
| Pool: | None |
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