577 King Street
Welland, ON
- 3 bed
- 1 bath
- 1,867 sqft
- Store W Apt/Office
- 133 days on market
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.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 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.
Listing Details
- Taxes (2025)
- $3,761
- Listed
- April 21, 2026
Price History
Listing history
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Property
- Lot Size
- 28 x 132 Feet
Parking
- Garage
- Single Detached
Utilities
- Heat Source
- Gas
Location & Legal
- Cross Street
- Fifth Street and King Street
- Zoning
- CC2
- Parcel Number
- 641220017
- Possession
- Flexible
- Occupancy
- Owner
Commercial
- Office / Apartment Area
- 1867 Sq Ft
Included
- Inclusions
- New Gas Stove, New SS Fridge, Fridge
- Exclusions
- None
- Rental Items
- None
Property Insights
AI-generated from listing photos. Not professional advice.
Community
Postal area L3B
- Population
- 25,869
- Private dwellings
- 11,617
- Median age
- 43.2
- Average household size
- 2.3
- Median household income
- $66,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Welland · last 12 months
- Median sold price
- $532,750
- Homes sold
- 752
- Median days on market
- 33
- Sale-to-list price
- 96.3%
Based on 752 recorded sales of commercial properties in Welland over the last 12 months.
Listed by
EXP REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 1,867 sq ft
- Price per sq ft
- $267.81
- Annual property tax
- $3,761
- Tax per sq ft
- $2.01
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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