155 1/2 Lake Street,St. Catharines, ON L2R 5Y5
St. Catharines, ON L2R 5Y5
Description
Centrally located duplex in the heart of downtown St. Catharines, ideally situated along a bus route and close to all amenities. This well-maintained property features two self-contained units, including an upper unit offering a bright open-concept layout with a den and full bathroom, tastefully renovated in 2018. Notable updates include a new furnace (2023), new upper AC unit (2023), roof replacement (2019), basement spray foam insulation (2018), and exterior painting (2021), offering added value and peace of mind. The basement includes shared laundry facilities for both units, along with additional storage space. Upper unit currently rented for $1,200/month, generating immediate income. The vacant main floor presents an excellent opportunity for owner occupancy with mortgage support from rental income, or capitalize on the opportunity to rent both units and maximize cash flow.Whether you're an investor looking to expand your portfolio or a buyer seeking to live in one unit while generating income from the other, this versatile property offers exceptional flexibility and long-term potential.
Details
| MLS # | 40827256 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1913 |
| Days On Site | 112 |
| Listing Provided By | Sutton Group Summit Realty Inc. | Melanie Osborne |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,467 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | R3 |
| Acreage | 0.08 |
Interior
| Appliances | Dryer, Refrigerator, Stove, Washer |
|---|---|
| Rooms Total | 10 |
| Interior Features | Upgraded Insulation |
| Cooling | Central Air |
| Cooling Yes / No | No |
| Heating | Forced Air, Natural Gas |
| Heating Yes / No | Yes |
| Laundry Features | In Basement, Shared |
Exterior
| Lot Features | Urban, Major Highway, Park, Place of Worship, Public Transit, Schools |
|---|---|
| Construction Materials | Metal/Steel Siding, Stucco |
| Roof | Shingle |
Parking
| Open Parking Yes / No | Yes |
|---|
Utilities
| Sewer | Sewer (Municipal) |
|---|
Taxes
| Tax Annual Amount | 3020 |
|---|
Area Information
| Province | ON |
|---|---|
| Region | Niagara |
| City | St. Catharines |
| Postal Code | L2R 5Y5 |
| Area | St. Catharines |
| Subarea | 451 Downtown |
| Community Name | 451 Downtown |
| School District | St. Catharines Collegiate, Goven |
| Elementary School | Harriet Tubman, Jeanne Sauvé Fre |
| High School | St. Catharines Collegiate, Goven |
| Listing VS Median (in 451 Downtown) | |
Price: $487,000 low | high Med: $151,400 sqft: 1,467 low | high Med: 2,494 $ / sqft: $332 low | high Med: $126 On site: 112 low | high Med: 66.5 | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Niagara |
| City | St. Catharines |
| Postal Code | L2R 5Y5 |
| Area | St. Catharines |
| Subarea | 451 Downtown |
| Community Name | 451 Downtown |
| School District | St. Catharines Collegiate, Goven |
| Elementary School | Harriet Tubman, Jeanne Sauvé Fre |
| High School | St. Catharines Collegiate, Goven |
| Listing VS Median (in 451 Downtown) | |
Price: $487,000 low | high Med: $151,400 sqft: 1,467 low | high Med: 2,494 $ / sqft: $332 low | high Med: $126 On site: 112 low | high Med: 66.5 | |
