577 King Street
577 King Street
$409,000
$219/sq ft · 1 days on market
About This Listing
Turnkey mixed-use investment in the heart of Welland! This 1,867 sq ft Store W/Apt building sits on a high-traffic King Street commercial corridor, steps to transit, 5 minutes to the hospital, 7 to highway access. Recently renovated with new flooring, fresh paint, updated bathrooms, and a modern kitchen (new fridge, air-fryer stove). Three separate entrances offer straightforward duplex/triplex conversion potential (buyer to verify with the City of Welland). Projected income: $1,400/unit + $200/month detached garage-workshop = up to $4,400/month gross. CC2 zoning allows live-work flexibility for owner-operators or investors. New construction in the surrounding area signals strong upside. Book your showing today - motivated seller, flexible May 2026 possession.
| Monthly Mortgage (P&I) | $1,782 |
| Property Tax (MLS) | $313 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $2,095 |
Down payment: $81,800 (20.0%) · Mortgage: $327,200
Property tax uses MLS annual tax of $3,761/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by EXP REALTY
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Data last updated: August 23, 2026 at 12:25 p.m.