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Listed price in listed location currency (CAD).
$699,900

624

MLS® 40792922

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1386 sqft
Garage No
Taxes $4,650
Days Active 7
Lot Size 
Approx. Age 1956
Avg. Price Per Sqft $504
MLS® Number 40792922

Property Address: 557 Lake St, Saint Catharines, ON, L2N4J1

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number40792922
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1956
BasementSeparate Entrance, Full, Finished
DrivewayAsphalt
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Dishwasher, Dryer, Refrigerator, Washer, 2 Fridges, 2 Stoves, 2 Washer/Dryer 2 Dishwasher 2 Microwave Ranges

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 10, 2025List Date
$699,900List Price

Home Appraisal

This property is estimated to sell between: $655,000 and $723,000.
Similar properties in this area sold on average for: $655,000
Expected to sell in 38 days. Similar properties sold in 45 days. This home has been on eXp Realty for 7 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
557 Lake St, Saint Catharines, ON

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