$699,900
5.71 BTC
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557 Lake Street, St. Catharines
$699,900
PRICE
3 + 3
BEDROOMS
3
BATHROOMS
X12617058
MLSID

557 Lake Street, St. Catharines

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.
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Summary

Address
557 Lake Street
MLSID
X12617058
Property Type
Detached
Property Category
Bedrooms
3 + 3
Bathrooms
3
Kitchens
1 + 1
Taxes (Annual)
$4,650.00
Tax Year
2025
Published
December 10, 2025
Days on Market
4 Days
Possession Type
Flexible
Possession Details
Flexible
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Inclusions

2 Fridges, 2 stoves, 2 washer/dryer 2 dishwasher 2 microwave ranges

Exclusions

Tenants Belongings

Details

Bathroom 1
4-Piece Main Level
Bathroom 2
4-Piece Sub-Basement Level
Basement
Finished with Walk-Out
Interior Features
Carpet Free, In-Law Capability, In-Law Suite, Separate Hydro Meter
Parking Spaces
4
Parking Total
4
Parking Features
Private
Architectural Style
Bungalow
Roof
Asphalt Shingle
Construction Materials
Brick
Lot Width
70 Feet
Lot Depth
111 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with RE/MAX ESCARPMENT REALTY INC.
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