577 King Street, Welland — For Sale in Welland
3 bed · 2 bath · Other for sale in Welland.
577 King Street, Welland, ON L3B 3L3
About This Property
Now for sale at 577 King Street in Welland: a 3-bedroom, 2-bathroom other listed at $499,999.
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 Specifications
| MLS® Number | X13027920 |
|---|---|
| Status | For Sale |
| List Price | $499,999 |
| Property Type | Residential Freehold |
| Sub Type | Other |
| Transaction Type | For Sale |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Parking | 5 spaces |
| Address | 577 King Street, Welland, ON L3B 3L3 |
| City | Welland |
| Postal Code | L3B 3L3 |
Listing Contracted With: EXP REALTY
