Was listed for:Expired Jan 7, 2025
$649,900

639 King Street

Welland (Lincoln/Crowland), ON L3B 3L5

Residential Income ExpiredNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 639 King Street, Welland, Lincoln/Crowland

2024-11-12
2025-01-07
Expired
Price
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MLS#
40675853

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 639 King Street, Welland, Lincoln/Crowland

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$1,623
Land Transfer Tax Fee
$9,473

Basement Type
Separate Entrance, Full, Unfinished

Interior Features

Fireplace/Stove
No
Elevator
No

Building

Building Type
Residential Income
Approx Age
Built 1918

Construction

Exterior Finish
Vinyl Siding

Lot

Lot Front
33.50 ft
Lot Depth
108.61 ft

Parking & Garages

Parking Spaces
3
Total Garage And Parking Spaces
3

Heating & Cooling

Heat Type
Forced Air, Natural Gas
Air Conditioning
None

Area
Niagara
Municipality
Welland
Neighbourhood
Lincoln/Crowland

MLS® number
40675853
Data source
MLS
Status change
2025-01-07
Listed on
2024-11-12
Days on market
56 days
Possession type
Tenant
Seller
Listed by
ROYAL LEPAGE NRC REALTY

Home Market Value

Current home valuation for 639 King Street, Welland, Lincoln/Crowland, Welland, ON. Listed for $649,900

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 639 King Street, Welland, Lincoln/Crowland

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Welland, ON
Minimum Down Payment Required:6.2%

5% on first $500K + 10% on $149,900 over $500K

Minimum down payment

$39,990

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+CMHC insurance
$24,384$18,132$15,468$0
=Total mortgage
$633,990$603,042$567,883$519,920
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Payment frequency
=Mortgage payment
$3,095monthly$2,944monthly$2,773monthly$2,539monthly
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Land Transfer Tax

Provincial

$9,473

Total Land Transfer Tax

$9,473

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