155 1/2 Lake Street, St. Catharines, ON L2R 5Y5
St. Catharines, ON, L2R 5Y5 · 451 - Downtown
About this property
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.
Features & Amenities
- Basement: Full, Unfinished
- Garage: None
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 1 1/2 Storey
- Construction: Metal/Steel Siding, Stucco (Plaster)
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Detached |
| Architectural Style | 1 1/2 Storey |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Basement | Full, Unfinished |
| Garage | None |
| Parking Spaces | 1 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $3,020 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Upgraded Insulation
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 1 1/2 Storey
- Construction Materials
- Metal/Steel Siding, Stucco (Plaster)
- Foundation Details
- Unknown
- Roof
- Asphalt Shingle
- Basement
- Full, Unfinished
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 1
- Parking Total
- 1.00
- Parking Features
- Private
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 103.20
- Lot Width
- 33.00
Financial & Tax
- Tax Annual Amount
- $3,020
- Tax Year
- 2025
- Tax Assessed Value
- $171,000
- Possession Type
- Immediate
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 6
- Kitchens Above Grade
- 2
- Kitchens Total
- 2
- Bedrooms Above Grade
- 2
- Bedrooms Below Grade
- 1
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- West
- County Or Parish
- Niagara
- Cross Street
- DUFFERIN ST/LAKE ST
- Directions
- CORNER OF DUFFERIN ST + LAKE ST
- Special Designation
- Unknown
- Showing Requirements
- Lockbox
Location
155 1/2 Lake Street, St. Catharines, ON L2R 5Y5, St. Catharines, ON, L2R 5Y5