557 Lake Street,St. Catharines, ON L2N 4J1
St. Catharines, ON L2N 4J1
Description
Welcome to 557 Lake St - a well-kept, income-generating 2-family home in the highly convenient north end of St. Catharines. This solid property features two spacious 3-bedroom units-one on the main level and one on the lower level-each offering generous living space and modern updates. The layout also allows the home to be easily converted back into a single-family residence if preferred, giving you exceptional flexibility. Step inside to find tastefully renovated interiors, including updated kitchens with stone countertops, refreshed bathrooms, and clean, contemporary finishes throughout. Bright, functional layouts make both units appealing to families and long-term tenants. With two separate hydro meters, each household manages its own usage-a great feature for investors. Both units are currently leased to families, providing immediate, steady rental income. Perfectly located near shopping, parks, transit, and top-rated schools including Eden High School, St. Francis Catholic Secondary, Parnall PS, Dalewood PS, and École Élémentaire L'Héritage, this property offers the ideal blend of convenience, size, and value. Whether you're expanding your rental portfolio, seeking a multi-family living solution, or wanting a home that can easily be returned to single-family use, 557 Lake St is a fantastic opportunity worth exploring.
Details
| MLS # | 40849939 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1956 |
| Days On Site | 36 |
| Listing Provided By | RE/MAX Escarpment Realty Inc. | Danielle Connelly |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,386 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | R1C |
| Acreage | 0.18 |
Interior
| Rooms Total | 13 |
|---|---|
| Interior Features | Accessory Apartment, In-Law Floorplan |
| Cooling | Central Air |
| Cooling Yes / No | No |
| Heating | Forced Air |
| Heating Yes / No | Yes |
Exterior
| Exterior Features | Private Entrance |
|---|---|
| Lot Features | Urban, Rectangular, Beach, Library, Marina, Park, Place of Worship, Public Transit, Rec./Community Centre, Schools |
| Construction Materials | Brick |
| Roof | Asphalt Shing |
| Foundation Details | Poured Concrete |
Parking
| Parking Features | Asphalt |
|---|---|
| Open Parking Yes / No | Yes |
| Attached Garage Yes / No | No |
Utilities
| Sewer | Sewer (Municipal) |
|---|
Taxes
| Tax Annual Amount | 4650 |
|---|
Area Information
| Province | ON |
|---|---|
| Region | Niagara |
| City | St. Catharines |
| Postal Code | L2N 4J1 |
| Area | St. Catharines |
| Subarea | 443 Lakeport |
| Community Name | 443 Lakeport |
| School District | Governor Simcoe, St. Francis |
| Elementary School | William Hamilton Merritt, Dalewo |
| High School | Governor Simcoe, St. Francis |
| Listing VS Median (in 443 Lakeport) | |
Price: $664,900 low | high Med: $599,900 sqft: 1,386 low | high Med: 1,087 $ / sqft: $480 low | high Med: $552 On site: 36 low | high Med: 40 | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Niagara |
| City | St. Catharines |
| Postal Code | L2N 4J1 |
| Area | St. Catharines |
| Subarea | 443 Lakeport |
| Community Name | 443 Lakeport |
| School District | Governor Simcoe, St. Francis |
| Elementary School | William Hamilton Merritt, Dalewo |
| High School | Governor Simcoe, St. Francis |
| Listing VS Median (in 443 Lakeport) | |
Price: $664,900 low | high Med: $599,900 sqft: 1,386 low | high Med: 1,087 $ / sqft: $480 low | high Med: $552 On site: 36 low | high Med: 40 | |
