$699,900
Available - For Sale
Listing ID: X12617058
557 Lake Street , St. Catharines, L2N 4J1, Niagara


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.
Price $699,900
Taxes: $4650.00
Occupancy: Tenant
Address: 557 Lake Street , St. Catharines, L2N 4J1, Niagara
Acreage: < .50
Directions/Cross Streets: Lakeshore and Lake
Rooms: 5
Rooms +: 5
Bedrooms: 3
Bedrooms +: 3
Family Room: F
Basement: Finished wit
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Kitchen 15.48 13.48
Room 2 Main Living Ro 22.73 14.66
Room 3 Main Primary B 14.99 11.15
Room 4 Main Bedroom 2 11.68 9.41
Room 5 Main Bedroom 3 12 11.58
Room 6 Basement Kitchen 18.99 28.5
Room 7 Basement Primary B 14.99 14.01
Room 8 Basement Bedroom 4 14.33 14.99
Room 9 Basement Bedroom 5 14.99 6
Room 10
Washroom Type No. of Pieces Level
Washroom Type 1 4 Main
Washroom Type 2 4 Sub-Base
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Approximatly Age: 51-99
Property Type: Detached
Style: Bungalow
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 4
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 1100-1500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
$
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ESCARPMENT REALTY INC.
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Dir:
647-472-6050
Bus:
905-709-7408
Fax:
905-709-7400
 
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At a Glance:
Type: Freehold - Detached
Area: Niagara
Municipality: St. Catharines
Neighbourhood: 443 - Lakeport
Style: Bungalow
Lot Size: x 111.19(Feet)
Approximate Age: 51-99
Tax: $4,650
Maintenance Fee: $0
Beds: 3+3
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
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