$674,900

Detached

557 Lake Street, St. Catharines, ON

100 DAYS
3+3
2
0
1100-1500
557 Lake Street, St. Catharines, ON L2N 4J1 - photo 1 of 2
557 Lake Street, St. Catharines, ON L2N 4J1 - photo 2 of 2
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Listed by RE/MAX ESCARPMENT REALTY INC.

Property Highlights

Parking

4 spaces

Property Tax

$4,650/yr

Age

51-99 yrs

Lot Size

< .50 ac

Style

Bungalow

Basement

Finished with Walk-Out

Monthly Cost

$3,237/mo

About This Home

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.

Monthly Cost

Monthly Mortgage$2,850
Property Tax ($4,650/yr)$388
Total$3,238

Price & Listing History

Schools

Location

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Rooms

Main Level

Primary Bedroom: 4.57m × 3.40m
Bedroom 3: 3.66m × 3.53m
Bedroom 2: 3.56m × 2.87m
Living Room: 6.93m × 4.47m
Kitchen: 4.72m × 4.11m

Basement Level

Kitchen: 5.79m × 8.69m
Bedroom 5: 4.57m × 1.83m
Bedroom 4: 4.37m × 4.57m
Primary Bedroom: 4.57m × 4.27m

Listing Presented By

iryna.tarabanovska@cirealty.com
CiRealty, Brokerage

CiRealty, Brokerage