577 King Street,Welland, ON L3B 3L3
Welland, ON L3B 3L3
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.
Details
| MLS # | X13208430 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Price Change |
| Year | 0 |
| Days On Site | 89 |
| Listing Provided By | EXP REALTY | X13208430 535900 |
Features
| SQ Feet | 1,867 |
|---|---|
| Acreage | 0.04 |
Interior
| Cooling | No |
|---|
Exterior
| Community Features | Public Transit, Recreation/Community Centre |
|---|---|
| Security Features | No |
Utilities
| Utilities | Yes |
|---|
Taxes
| Tax Annual Amount | 3760.66 |
|---|---|
| Tax Type | Annual |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| Region | Niagara |
| City | Welland |
| Postal Code | L3B 3L3 |
| Area | 773 Lincoln | Crowland |
| Listing VS Median (in L3B 3L3) | |
Price: $409,000 low | high Med: $409,000 sqft: 1,867 low | high Med: 1,867 $ / sqft: $219 low | high Med: $219 On site: 89 low | high Med: 51 | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Niagara |
| City | Welland |
| Postal Code | L3B 3L3 |
| Area | 773 Lincoln | Crowland |
| Listing VS Median (in L3B 3L3) | |
Price: $409,000 low | high Med: $409,000 sqft: 1,867 low | high Med: 1,867 $ / sqft: $219 low | high Med: $219 On site: 89 low | high Med: 51 | |
