For Sale

557 Lake Street, St. Catharines, Ontario L2N 4J1

$699,900

557 Lake Street, St. Catharines, Ontario L2N 4J1 is For Sale and has a listing price of 699,900. The property is located in the St. Catharines . It's been on the website for 6 Days.

  • Detached
    Property Type
  • 6
    Bedrooms
  • 3
    Bathrooms
  • Parking
  • MLS ID: X12617058
  • Office Name RE/MAX ESCARPMENT REALTY INC.
Property Description

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.

Property Details
  • Property Type: All Houses
  • Listing Type: For Sale
  • Listing ID: X12617058
  • Price: $699,900
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 111.19
  • Ref ID: X12617058
  • Approx Sqft: 1100-1500
  • Dir / Cross St: Lakeshore and Lake
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 51-99
  • Property Type: Detached
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
12/10/2025 X12617058 $699,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
St. Catharines
  • $727,932 Average List Price
    based on 1 year
  • 341 New Listings
    based on 30 days
  • 51 Median Days on Market
    based on 1 year
  • List vs. Selling Price 143.58 % Up
  • Sold (12mo) 1,181
  • Rented (12mo) 371

  • 1 Month Change -37.4%
  • 3 Month Change -13.9%
  • 6 Month Change -21.5%
Walkscore
  • 72 Walk Score
    Very Walkable
  • 41 Transit Score
    Some Transit
  • 63 Bike Score
    Bikeable
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style Bungalow
  • Washroom Type1: 1
  • Garage Type Y
  • Parking Spaces: 4
  • Exterior Brick
  • Kitchen 2
  • Parking Y
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 2: 2
  • Taxes: $4,650
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 10/12/2025 21:45:31
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