557 Lake Street, St. Catharines, ON L2N 4J1
St. Catharines, ON, L2N 4J1 · 443 - Lakeport
About this property
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.
Features & Amenities
- Basement: Finished with Walk-Out
- Garage: None
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: Bungalow
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Detached |
| Architectural Style | Bungalow |
| Bedrooms | 6 |
| Bathrooms | 2 |
| Basement | Finished with Walk-Out |
| Garage | None |
| Parking Spaces | 4 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $4,650 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Carpet Free, In-Law Capability, In-Law Suite, Separate Hydro Meter
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- Bungalow
- Construction Materials
- Brick
- Foundation Details
- Concrete
- Roof
- Asphalt Shingle
- Basement
- Finished with Walk-Out
- Approximate Age
- 51-99
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 4
- Parking Total
- 4.00
- Parking Features
- Private
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 111.19
- Lot Width
- 70.50
Financial & Tax
- Tax Annual Amount
- $4,650
- Tax Year
- 2025
- Possession Type
- Flexible
- Possession Details
- Flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 5
- Rooms Below Grade
- 5
- Kitchens Above Grade
- 2
- Kitchens Total
- 3
- Bedrooms Above Grade
- 3
- Bedrooms Below Grade
- 3
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- West
- County Or Parish
- Niagara
- Cross Street
- Lakeshore and Lake
- Directions
- On Lake Street between Lakeshore Rd. and Linwell
- Special Designation
- Unknown
- Showing Requirements
- Showing System
Location
557 Lake Street, St. Catharines, ON L2N 4J1, St. Catharines, ON, L2N 4J1