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639 King Street, Welland, ON, L3B 3L5

MLS® # 40675853
Investment For Sale In Cordage, Welland, Ontario
$649,900
639 King Street, Welland, ON - Indoor
639 King Street, Welland, ON - Indoor Photo Showing Living Room With Fireplace
639 King Street, Welland, ON - Indoor With Fireplace
639 King Street, Welland, ON - Indoor Photo Showing Living Room With Fireplace
639 King Street, Welland, ON - Indoor Photo Showing Bedroom
639 King Street, Welland, ON - Indoor
639 King Street, Welland, ON - Indoor
639 King Street, Welland, ON - Indoor
639 King Street, Welland, ON - Indoor Photo Showing Bedroom
639 King Street, Welland, ON - Indoor Photo Showing Bedroom
639 King Street, Welland, ON - Indoor
639 King Street, Welland, ON - Indoor Photo Showing Bathroom
639 King Street, Welland, ON - Indoor Photo Showing Basement
639 King Street, Welland, ON - Indoor Photo Showing Basement
639 King Street, Welland, ON - Indoor Photo Showing Laundry Room
639 King Street, Welland, ON - Indoor
639 King Street, Welland, ON - Outdoor
639 King Street, Welland, ON - Outdoor
639 King Street, Welland, ON - Outdoor With Exterior
639 King Street, Welland, ON - Outdoor
639 King Street, Welland, ON - Outdoor
639 King Street, Welland, ON - Outdoor With Exterior
639 King Street, Welland, ON - Outdoor With Exterior
639 King Street, Welland, ON - Indoor Photo Showing Kitchen With Double Sink
639 King Street, Welland, ON - Indoor Photo Showing Kitchen With Double Sink
639 King Street, Welland, ON - Indoor
639 King Street, Welland, ON - Indoor Photo Showing Other Room
639 King Street, Welland, ON - Indoor Photo Showing Other Room
639 King Street, Welland, ON - Indoor Photo Showing Other Room
639 King Street, Welland, ON - Indoor Photo Showing Bathroom
639 King Street, Welland, ON - Indoor Photo Showing Bathroom
639 King Street, Welland, ON - Indoor Photo Showing Other Room
639 King Street, Welland, ON - Indoor Photo Showing Laundry Room
639 King Street, Welland, ON  - Indoor
639 King Street, Welland, ON  - Indoor Photo Showing Living Room With Fireplace
639 King Street, Welland, ON  - Indoor With Fireplace
639 King Street, Welland, ON  - Indoor Photo Showing Living Room With Fireplace
639 King Street, Welland, ON - Indoor Photo Showing Bedroom
639 King Street, Welland, ON - Indoor
639 King Street, Welland, ON - Indoor
639 King Street, Welland, ON - Indoor
639 King Street, Welland, ON - Indoor Photo Showing Bedroom
639 King Street, Welland, ON - Indoor Photo Showing Bedroom
639 King Street, Welland, ON - Indoor
639 King Street, Welland, ON - Indoor Photo Showing Bathroom
639 King Street, Welland, ON - Indoor Photo Showing Basement
639 King Street, Welland, ON - Indoor Photo Showing Basement
639 King Street, Welland, ON - Indoor Photo Showing Laundry Room
639 King Street, Welland, ON - Indoor
639 King Street, Welland, ON - Outdoor
639 King Street, Welland, ON - Outdoor
639 King Street, Welland, ON - Outdoor With Exterior
639 King Street, Welland, ON - Outdoor
639 King Street, Welland, ON - Outdoor
639 King Street, Welland, ON - Outdoor With Exterior
639 King Street, Welland, ON - Outdoor With Exterior
639 King Street, Welland, ON - Indoor Photo Showing Kitchen With Double Sink
639 King Street, Welland, ON - Indoor Photo Showing Kitchen With Double Sink
639 King Street, Welland, ON - Indoor
639 King Street, Welland, ON - Indoor Photo Showing Other Room
639 King Street, Welland, ON - Indoor Photo Showing Other Room
639 King Street, Welland, ON - Indoor Photo Showing Other Room
639 King Street, Welland, ON - Indoor Photo Showing Bathroom
639 King Street, Welland, ON - Indoor Photo Showing Bathroom
639 King Street, Welland, ON - Indoor Photo Showing Other Room
639 King Street, Welland, ON - Indoor Photo Showing Laundry Room
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639 King Street, Welland, ON, L3B 3L5
$649,900

Property Information:

THIS COMMERCIAL ZONED SIDE-BY-SIDE DUPLEX IS CURRENTLY RESIDENTIALLY RENTED AS TWO UNITS: A 1 BEDROOM AND A LARGE 2 BEDROOM BUT MAY BE USED UNDER THE MANY COMMERCIAL USES UNDER INSH, CC2. LOCATED IN A GROWING AND CENTRAL AREA OF WELLAND, ACROSS THE STREET FROM THE WELLAND FIRE STATION, CLOSE TO RESTAURANTS, THE HOSPITAL, THE CANAL & WALKING TRAILS, PLUS PROXIMAL TO A PLETHORA OF RESIDENTIAL DEVELOPMENT--PERFECT FOR SHORT TERM RENTALS, RESTAURANTS, VARIOUS STOREFRONTS & BUSINESSES! THE FRONT UNIT IS SURPRISINGLY SPACIOUS WITH 2 BEDROOMS, LARGE BATHROOM AND SPRAWLING OPEN CONCEPT KITCHEN/LIVING/DINING ROOM. THE REAR UNIT HAS ONE BEDROOM AND MANY UPDATES COMPLETED IN 2022. THIS UNIT HAS A PRIVATE REAR FENCED PATIO AREA. BOTH UNITS HAVE TWO ENTANCES AND ACCESS TO THE FULL BASEMENT (WITH SEPARATE ENTRANCE) AND USE THE COIN OPERATED WASHER AND DRYER. PRIVATE REAR PARKING, ASPHALT DRIVEWAY AND PARKING FOR 3 CARS PLUS PLENTY OF STREET PARKING. WITH THE NEARBY COMMUNITY GROWING RAPIDLY, THIS PROPERTY IS AN EXCELLENT OPPORTUNITY TO DEVELOP AS A COMMERCIAL SPACE EX. STORE/BUSINESS TO ACCOMODATE THE INCREASING POPULATION.

Inclusions: None,Coin Operated Washer And Dryer, 2 Fridges, 2 Stoves, Light Fixtures

Exclusions : Tenants' Belongings

Building Features:

  • Floor Space: 1323 Square Feet

Property Features:

  • Bedrooms: 4
  • Acres Range: < 0.5
  • Basement: Separate Entrance, Full, Unfinished
  • Built in: 1918
  • Construction Materials: Vinyl Siding
  • Cooling: None
  • Driveway Parking: Private Drive Triple+ Wide
  • Fencing: Fence - Partial
  • Floor Space (approx): 1323 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Separate Hydro Meters
  • Laundry Features: Coin Operated, Common Area
  • Lot Depth: 108.61 Feet
  • Lot Features: City Lot, Industrial Mall, Park, Place of Worship, Public Parking, Public Transit
  • Lot Frontage: 33.50 Feet
  • Parking Features: Asphalt
  • Roof: Membrane
  • Water Source: Municipal
  • Zoning: INSH, CC2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 3

Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 639 King Street, Welland, ON, L3B 3L5

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-High

39 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate-High

39 hot days expected in 2050

62/100

Moderate-High

ClimateCheck®

Current data

This property, 639 King Street , experiences 7 hot days per year at around 30.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 39 hot days at 33.9 degrees Celsius.

Projected Avg. Temperature

Past
30.2℃
2050
33.9℃

# Hot Days Per Year

Past
7
2050
39

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 639 King Street , experiences 11 significant 2-day storms per year, with about 326.3mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 404.5mm of precipitation per year.

Precipitation Per Storm

Past
326.3mm
2050
404.5mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 639 King Street, Welland, ON, L3B 3L5

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$85,014.80

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.53 %

High school certificate or equivalent

41.62 %

Apprenticeship trade certificate/diploma

7.0 %

College/non-university certificate

22.07 %

University Degree

6.78 %

Commuter

Travel To Work

By Car

86.63 %

By Public Transit

1.78 %

By Walking

5.22 %

By Bicycle

0.0 %

By Other Methods

6.37 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

39.14 %

Houses

60.86 %

Own Vs. Rent