577 KING STREET
Welland (Lincoln/Crowland), Ontario
MLS® X13208430
$409,000
- Status
- Active
- Property type
- Retail
- MLS® number
- X13208430
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 24Listing description
577 King Street, Welland | Prime Health & Wellness Cluster Opportunity Positioned directly within Welland's official Health and Wellness Cluster, 577 King Street offers a high-exposure Welland commercial residential mixed-use property on a primary transit artery. Located just a 5-minute walk from Niagara Health - Welland Site hospital and 7 minutes from highway access, this site is ideally suited for doctors, dentists, Allied Health practitioners, professional service firms, or savvy investors targeting an investment property Niagara strategy. Configuration & Layout Current Layout: Configured with 3 bedrooms and 2 bathrooms, featuring fresh interior updates throughout including new flooring, fresh paint, updated bathrooms, and a modern kitchen with new appliances.
Accessibility: Main front entrance is readily adaptable for barrier-free/wheelchair access to support clinical, wellness, or office clients. Parking & Exterior: 6 dedicated on-site parking spaces, a fully fenced rear yard, plus a detached garage and workshop equipped with concrete floors and dedicated electrical service. Income & Live-Work Potential Flexible Zoning (CC2): Features 3 separate exterior entrances, providing immediate utility for a seamless live-work configuration (main-floor clinical/retail space with residential living above).
Multi-Unit Cash Flow Strategy: Strategic layout offers natural potential for a duplex or triplex conversion with a projected gross income of up to $4,400/month (estimated at $1,400/month per residential unit, plus $200/month for the detached garage/workshop). Situated in a rapidly growing corridor surrounded by ongoing municipal development. Note: Multi-unit conversion and specific commercial uses are subject to municipal approval; buyers to perform independent due diligence regarding zoning, permits, and intended use.
Property summary
- MLS® number
- X13208430
- Property type
- Retail
- Building type
- Residential Commercial Mix
- Size
- 1,867 sq ft
- Land size
- Bldg=28 x 132 FT
- Annual property taxes
- $3,760.66
- Days on market
- 126 days
Features & details
- Heating
- Radiator
- Cooling
- None
What would this home cost you?
Based on the $409,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of EXP REALTY, OAKVILLE.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.