ONNiagaraWelland577 King Street
577 King Street
Interior view
Interior view
20
New
Other

577 King Street

Welland, ON, L3B 3L3

Residential Freehold
Area
1500-2000 sq.ft
Bed
3
Bedrooms
Bath
2
Bathrooms
Parking
5
Single Garage

Asking Price

$499,999

Property Description

Original Remarks

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.

PROPERTY HISTORY

577 King Street

Type:Other
Style:2-Storey
Size Range:1500-2000
Above grade sq.ft.:-
Below grade sq.ft:-
Total sq.ft:-
Listing ID:X13027920
Community:773 - Lincoln/Crowland
Days on Market:-
Year Built:-
Age range:-
Basement:
Ownership Type:Residential Freehold
Condo Fee:N/A
Yearly Taxes:$3,760.67/yr (2025)
Municipality:Welland
Lot Size:28.00 x 132.00 Feet

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