557 LAKE
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+29 more
$674,900

557 LAKE

St. Catharines, Ontario, L2N4J1

Active
6
Bedrooms
2
Bathrooms
2,766
Sq Ft
1956
Year Built
4
Parking

About This Property

This 6-bedroom, 2-bathroom single family in St. Catharines offers 2,766 sq ft of living space. Built in 1956. The home features forced air heating, central air conditioning, a finished, full basement.

MLS Remarks

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:60351)

Overview

Property Typeresidential
Sub-Typesingle family
StatusActive
MLS #40792922
Year Built1956

Interior

HeatingForced air
CoolingCentral air conditioning
AppliancesWasher, Refrigerator, Dishwasher, Dryer
BasementFinished, Full

Exterior

Exterior FeaturesBrick

Parking

Total Spaces4

Fees & Taxes

Annual Taxes$4,650

Listing Information

MLS#: 40792922


Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.

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Mortgage Calculator

$
$134,980
5%20%50%
Estimated Monthly Payment
$3,001
/month
Mortgage
$539,920
Total Interest
$360,395

For illustration purposes only. Consult a mortgage professional for accurate rates.

Land Transfer Tax

$
Ontario LTT$9,973
Total Due on Closing$9,973

Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.

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