557 Lake Street, St. Catharines, ON

$674,900

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6

Beds

2

Baths

1,386

Square feet

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.

Features of 557 Lake Street

MLS® # 40792922
Price $674,900
Bedrooms 6
Bathrooms 2.00
Full Baths 2
Square Footage 1,386
Acres 0.00
Year Built 1956
Type Residential
Sub-Type Single Family Residence
Style Bungalow
Status Active

Community Information

Address 557 Lake Street
Area St. Catharines
Subdivision 443 - Lakeport
City St. Catharines
County Niagara
Province ON
Postal Code L2N 4J1

Amenities

Parking Spaces 4
Parking Asphalt
# of Garages 0.00
Is Waterfront No

Interior

Interior Features Accessory Apartment, In-Law Floorplan
Appliances Dishwasher, Dryer, Refrigerator, Washer
Heating Forced Air
Cooling Central Air
Fireplace No
# of Stories 1
Has Basement Yes
Basement Separate Entrance, Full, Finished

Exterior

Exterior Features Private Entrance
Lot Description Urban, Rectangular, Arts Centre, Hospital, Library, Major Highway, Place of Worship, Public Transit, School Bus Route, Schools
Roof Asphalt Shing
Construction Brick
Foundation Poured Concrete

School Information

Elementary William Hamilton Merritt, Dalewood, St. James
High Governor Simcoe, St. Francis

Additional Information

Date Last Updated July 17th, 2026
Zoning R1C

Listing Details

OfficeRE/MAX Escarpment Realty Inc.

Listing Map

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