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Sonia Chin

Broker
Re/Max Realtron Realty Inc., Brokerage Independently owned and operated. 182 SHEPPARD AVENUE WEST, Toronto, Ontario M2N1M8 Cell: 416-891-7836Office: 416-222-2600

$439,000
Available - For Sale
Listing ID: X13208430
577 King Street , Welland, L3B 3L3, Niagara


Located in Welland's official Health and Wellness Cluster, 577 King Street offers a rare CC2-zoned mixed-use opportunity on a high-exposure main transit artery-5 minutes on foot from Welland General Hospital and 7 minutes from highway access.Perfectly positioned for doctors, dentists, practitioners, and specialists, 577 King Street offers a rare, turn-key clinical or professional office opportunity within Welland's official Health and Wellness Cluster. Located on a high-exposure main transit artery, this prime location sits a mere 5-minute walk from the Niagara Health - Welland Site hospital **As currently configured, the unit features 3 bedrooms and 2 bathrooms.**The building's three separate entrances make it naturally suited to a live-work configuration or multi-unit income play. Run a commercial practice from the main-floor storefront while occupying or renting the residential units above, or convert to a duplex or triplex with a projected gross income of $4,400/month-comprising $1,400 per residential unit plus $200/month from the detached garage and workshop with cement floors and dedicated electrical.Inside, the property has been thoughtfully updated throughout: new flooring, fresh paint, renovated bathrooms, and a modern kitchen with new appliances. The front entrance is readily adaptable for wheelchair access, making it well-suited for health, wellness, or professional service operators.Six on-site parking spaces, a fenced rear yard, and positioning within a high-growth corridor surrounded by active development round out a property that serves investors, owner-operators, and healthcare practitioners equally well. Multi-unit conversion is subject to municipal approval. Buyers to conduct their own due diligence regarding zoning and permits.
Price $439,000
Taxes: $3760.67
Tax Type: Annual
Assessment Year: 2025
Occupancy: Owner
Address: 577 King Street , Welland, L3B 3L3, Niagara
Postal Code: L3B 3L3
Province/State: Niagara
Directions/Cross Streets: Fifth Street and King Street
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Category: Store With Apt/Office
Building Percentage: T
Total Area: 1867.00
Total Area Code:  Square Feet
Office/Appartment Area: 1867
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Public Transit   Recreation/Comm
Financial Statement: F
Chattels: F
Franchise: F
Sprinklers: No
Washrooms: 0
Heat Type: Water Radiators
Central Air Conditioning: No
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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Sonia Chin
Broker
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416-891-7836
Bus:
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At a Glance:
Type: Com - Store W Apt/Office
Area: Niagara
Municipality: Welland
Neighbourhood: 773 - Lincoln/Crowland
Style:
Lot Size: x 132.00(Feet)
Approximate Age:
Tax: $3,760.67
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
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