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557 Lake Street St. Catharines, ON L2N 4J1
6 Beds
2 Baths
1,386 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,386 sqft
Price per Sqft $504
MLS Listing ID 40792922
Style Bungalow
Bedrooms 6
Full Baths 2
Abv Grd Liv Area 2,766
Year Built 1956
Annual Tax Amount $4,650
Property Sub-Type Detached
Source Cornerstone
Property Description
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.
Location
Province ON
County Niagara
Area St. Catharines
Zoning R1C
Direction On Lake Street between Lakeshore Rd. and Linwell
Rooms
Other Rooms Shed(s)
Basement Separate Entrance, Full, Finished
Main Level Bedrooms 3
Kitchen 2
Interior
Interior Features Accessory Apartment, In-Law Floorplan
Heating Forced Air
Cooling Central Air
Fireplace No
Appliance Dishwasher, Dryer, Refrigerator, Washer
Exterior
Exterior Feature Private Entrance
Parking Features Asphalt
Roof Type Asphalt Shing
Lot Frontage 70.5
Lot Depth 111.91
Garage No
Building
Lot Description Urban, Rectangular, Arts Centre, Hospital, Library, Major Highway, Place of Worship, Public Transit, School Bus Route, Schools
Faces On Lake Street between Lakeshore Rd. and Linwell
Foundation Poured Concrete
Sewer Sewer (Municipal)
Water Municipal
Architectural Style Bungalow
Structure Type Brick
New Construction No
Schools
Elementary Schools William Hamilton Merritt, Dalewood, St. James
High Schools Governor Simcoe, St. Francis
Others
Senior Community No
Tax ID 461980113
Ownership Freehold/None