553 Niagara Street, Welland, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of 767 - N. Welland. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $389,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 486.12 x 130.19 ft lot size
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Turnkey restaurant opportunity in a prime location on one of Welland's busiest streets, offering exceptional exposure and steady traffic. This impressive space features approximately 2,700 sqft of beautifully designed main floor area plus an equally sized basement, ideal for private parties, events, or additional revenue streams. The fully customized interior showcases high-end finishes, premium décor, and brand-new equipment including a 20 feet commercial hood, built with outstanding attention to detail. Featuring 100+ seating capacity, the layout is well-suited for a wide range of restaurant concepts, from upscale dining to high-volume operations. The property also offers 50+ parking spaces, providing excellent convenience for customers, along with a spacious outdoor patio complete with grill and BBQ setup-perfect for hosting events, catering functions, and seasonal dining experiences. Very attractive rent of approximately $5,000 per month including HST and TMI, making this an exceptional opportunity for the size, quality, and location offered. A rare chance for owner-operators or investors to step into a fully built, high-exposure restaurant space ready for immediate operation
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 553 Niagara Street, Welland, ON L3C 1L8
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About Purchasing a Home in Welland, ON
For a property listed at $389,900 in Welland, the legal minimum down payment is $19,495 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,324 for this transaction. As this listing is in Welland (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $4,324.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.