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$499,999
Ontario,Welland (Lincoln/Crowland)
For Sale Active
577 KING STREET, Welland (Lincoln/Crowland), Ontario L3B3L3
  • 4
  • 1
  • 1,867 Sqft
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Basic Details
Description

Investment Opportunity in the Heart of the Rose City! 577 King Street offers a premier blend of high-exposure commercial potential and residential versatility, perfect for investors or business owners looking to live and work on-site. This strategically located property sits on a main transit artery just a 5-minute walk from the hospital and 7 minutes from highway access. The interior

has been extensively updated with new flooring, fresh paint, renovated bathrooms, and a modern kitchen featuring a new fridge and air-fryer-equipped stove. Thoughtfully designed with accessibility in mind, the front entrance can be easily modified for wheelchair access.The building’s layout is a standout feature, offering three separate entrances that provide a seamless path to converting the property into a duplex or triplex. With a projected rental income of $1,400 per 1-bedroom unit, plus an additional $200/month for the detached garage/workshop (complete with cement floors and electricity), this property boasts a potential gross monthly income of $4,400. Set in a high-growth area surrounded by new developments, this versatile gem offers endless possibilities. Note: Multi-unit conversion is subject to municipal approval; buyers to conduct their own due diligence regarding zoning and permits. (id:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: X13028098
  • Price: $499,999
  • Bedrooms: 4
  • Bathrooms: 1
  • Square Footage: 1,867 Sqft
  • Status: Active
  • Property Sub Type: Retail
  • Office Key: 285613
Features & Appliances
Features
  • Heating System: Natural gas, Hot water radiator heat
  • Cooling System: None
Address Map
  • Location: CA, Ontario, Welland (Lincoln/Crowland), L3B3L3
  • Street: King
  • Street Number: 577
  • Street Suffix: Street
  • Longitude: W80° 44' 54''
  • Latitude: N42° 58' 41.4''
Additional Information
  • Water Source:
  • Lot Size Dimensions: Bldg=28 x 132 FT
Financial
  • Tax Annual Amount: 3761
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Listing updated: 2026-04-22 03:40:28
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Listing Information
  • List Agent Key: 2241029
  • List Office Key: 285613
  • Modification Timestamp: 2026-04-22T02:35:10Z
  • Originating System Name: The Oakville, Milton & District Real Estate Board
  • Status Change Timestamp: 2026-04-22T02:26:23Z
Powered by REALTOR.ca
Listing updated: 2026-04-22 03:40:28
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