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1551/2 Lake Street, St. Catharines, ON L2R5Y5

$487,0003Beds 2Baths 1,100Sqft Downtown

Property Overview

  • Detached Home Type
  • House Building Type
  • 3406 Sqft Lot Size
  • DowntownCommunity
  • 3 Beds
  • 2 Full Baths
  • Air Conditioning (Central) Cooling
  • 0 Half Baths
  • 1 Parking Space(s)
  • Property Taxes
  • 116 days Days on Market
  • X13085360 MLS® #
  • $443 Price / Sqft
  • One And Half Storey Style
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Description

Centrally located duplex in the heart of downtown St. Catharines, ideally situated along a bus route and close to all amenities. This well-maintained property features two self-contained units, including an upper unit offering a bright open-concept layout with a den and full bathroom, tastefully renovated in 2018. Notable updates include a new furnace (2023), new upper AC unit (2023)roof replacement (2019), basement spray foam insulation (2018), and exterior painting (2021),offering added value and peace of mind. The basement includes shared laundry facilities for both units, along with additional storage space. Upper unit currently rented for $1,200/month, generating immediate income. The vacant main floor presents an excellent opportunity for owner occupancy with mortgage support from rental income, or capitalize on the opportunity to rent both units and maximize cash flow.Whether you're an investor looking to expand your portfolio or a buyer seeking to live in one unit while generating income from the other,this versatile property offers exceptional flexibility and long-term potential.

Interior Details

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Air Conditioning (Central)
0
None
Full

Exterior Details

Metal Siding
Stucco/Plaster
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Asphalt Shingles
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More Information

Property

None
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Parking

Yes
1
No Garage

Utilities

Municipal / City

Data is supplied by the Toronto Regional Real Estate Board (TRREB) MLS® System. TRREB is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data was last updated Friday, August 28, 2026, 2:30:33 PM UTC.