557 Lake Street, St. Catharines ON

About 557 Lake Street

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:56071). Get more information on 557 Lake Street

Property Features

Appliances:  Dishwasher, Dryer, Refrigerator, Washer
Features:  Paved driveway, In-Law Suite
Rental Equipment:  None
Directions:  On Lake Street between Lakeshore Rd. and Linwell
Zoning Description:  R1C
Interior Size:  2766 sqft
Community Features:  School Bus
Access:  Highway Nearby
Lot:  under 1/2 acre
Exterior Finish:  Brick
Water:  Municipal water, Municipal sewage system
Heating / Cooling:   / Central air conditioning
Age:  1956
Foundation: Poured Concrete
Constructed Date:  1956
Basement:  Full (Finished) Finished

Rooms & Sizes

Laundry room Basement Measurements not available	3pc Bathroom Basement Measurements not available	Bedroom Basement 15 0 x 6 0
Bedroom Basement 14 4 x 15 0	Primary Bedroom Basement 15 0 x 14 0	Kitchen/Dining room Basement 19 0 x 28 6
Laundry room Main level Measurements not available	4pc Bathroom Main level Measurements not available	Bedroom Main level 12 0 x 11 7
Bedroom Main level 11 8 x 9 5	Primary Bedroom Main level 15 0 x 11 2	Living room Main level 22 9 x 14 8
Kitchen Main level 15 6 x 13 6