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.
Data was last updated September 10, 2026 at 09:50 AM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$664,900
Min list price:
$385,000
Max list price:
$929,999
Avg days on market:
47
Min days on market:
2
Max days on market:
142
Avg price per sq.ft.:
$366.08
These statistics are generated based on the current listing's property type
and located in
443 - Lakeport. Average values are
derived using median calculations. This data is not produced by
the MLS® system.