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Royal LePage
Royal LePage
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$699,900

3+3 Beds

3 Baths

1100 - 1500 FEETSQ

QuickQuoteTM: $590K - $791K

St. Catharines ON, L2N 4J1

MLS® # X12617058

Property Information:

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. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Amenities: Separate Hydro Meters
  • Architectural Style: Bungalow
  • Basement Development: Finished
  • Basement Type: N/A
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick
  • Floor Space: 1100 - 1500 sqft
  • Foundation Type: Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Dishwasher, Dryer, Microwave, Range, Two stoves

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 3+3
  • Bathrooms: 3
  • Features: Carpet Free
  • Floor Space (approx): 1100 - 1500 Square Feet
  • Irregular: Yes
  • Lot Depth: 111.2 Feet
  • Lot Frontage: 70.5 Feet
  • Lot Size: 70.5 x 111.2 FT
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 4

Rooms:

  • Kitchen Basement Level 5.79 m x 8.69 m
  • Primary Bedroom Basement Level 4.57 m x 4.27 m
  • 4th Bedroom Basement Level 4.37 m x 4.57 m
  • 5th Bedroom Basement Level 4.57 m x 1.83 m
  • Kitchen Main Level 4.72 m x 4.11 m
  • Living Main Level 6.93 m x 4.47 m
  • Primary Bedroom Main Level 4.57 m x 3.40 m
  • 2nd Bedroom Main Level 3.56 m x 2.87 m
  • 3rd Bedroom Main Level 3.66 m x 3.53 m

Convert Measurement to:


Courtesy of: RE/MAX ESCARPMENT REALTY INC.

REALTOR.ca  

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Location of 557 LAKE STREET, St. Catharines, Ontario, L2N 4J1

Demographic Information of 557 LAKE STREET, St. Catharines, Ontario, L2N 4J1

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$88,662.76

Average Number of Children

1.64

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.0 %

High school certificate or equivalent

36.06 %

Apprenticeship trade certificate/diploma

8.66 %

College/non-university certificate

20.04 %

University certificate (below bachelor)

1.43 %

University Degree

16.81 %

Commuter

Travel To Work

By Car

85.85 %

By Public Transit

2.34 %

By Walking

4.82 %

By Bicycle

0.0 %

By Other Methods

6.99 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

42.71 %

Houses

57.29 %

Own Vs. Rent

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