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← All Listings|For SaleMLS® 40792922

557 Lake St.

St. Catharines, Ontario

$674,900
Listed June 2, 2026
6
Bedrooms
2
Bathrooms
13
Rooms
Single Family
Type
N/A
Lot
4 spaces
Parking

Key Features

Cooling: Central air conditioning
Heating: Forced air
Basement: Finished, Full
Living Area: 2,766 square feet
Directions: On Lake Street between Lakeshore Rd. and Linwell

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. (id:64869)

Property Details

Home Snapshot
MLS® Number40792922
StatusFor Sale
Property TypeSingle Family
Bedrooms6
Bathrooms2
Living Area1,386 square feet (Owner)
Storeys1
Listed2026-06-02
Condo Fees & Taxes
Common InterestFreehold
Property Taxes$4,650
Lot, Views & Setting
Subdivision443 - Lakeport
Lot FeaturesPaved driveway, In-Law Suite
DirectionsOn Lake Street between Lakeshore Rd. and Linwell
ZoningR1C
Construction & Systems
Year Built1956
Architectural StyleBungalow
Exterior FeaturesBrick
BasementFinished, Full
HeatingForced air
CoolingCentral air conditioning
Water SourceMunicipal water
SewersMunicipal sewage system
Parking & Access
Parking Total4
Bedrooms Above Grade3
Bedrooms Below Grade3
Property AttachedNo
Room-by-Room Layout

Main level

Laundry room
4pc Bathroom
Bedroom11'7'' x 12'0''
Bedroom9'5'' x 11'8''
Primary Bedroom11'2'' x 15'0''
Living room14'8'' x 22'9''
Kitchen13'6'' x 15'6''

Basement

Laundry room
3pc Bathroom
Bedroom6'0'' x 15'0''
Bedroom15'0'' x 14'4''
Primary Bedroom14'0'' x 15'0''
Kitchen/Dining room28'6'' x 19'0''
Listing Timeline
Original EntryDec 10, 2025, 5:38 p.m.
Status ChangedJun 2, 2026, 5:00 p.m.
Photo Count30
Photos UpdatedApr 23, 2026, 4:34 p.m.
Last UpdatedJun 2, 2026, 5:35 p.m.
BB
Barbara Beers
Broker

Royal LePage® Burloak Real Estate Services

Mortgage Calculator

$674,900
5.25%
$134,980
Est. Monthly Payment
Principal & Interest only
$3,235

Estimate only. Does not include property taxes, insurance, or fees. Actual rates may vary. Contact us for personalized mortgage guidance.

Ask About This Property

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Listing Brokerage: RE/MAX Escarpment Realty Inc.

Advertised By: Royal LePage® Burloak Real Estate Services

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