For Sale: 557 Lake Street, St. Catharines, ON - REW
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$674,900
6 bd 2 ba 1386 sf House

557 Lake StreetSt. Catharines, ON, L2N 4J1

  • 6 Bed
  • 2 Bath
  • 1386 Sqft
  • House

About this home

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.
Listed by: Danielle Connelly, RE/MAX Escarpment Realty Inc.

Home facts and features

Price details
List Price
Gross Taxes for 2026
$4,650
Home facts
Bedrooms
6
Full Bathrooms
2
Parking Spaces
4
Parking Details
Asphalt
Property Type
House
Lot Size
70 ft x 111 ft (7890 ft²)
Depth
111.91
Frontage
70.5
Year Built
Built in 1956 (70 yrs old)
Style
Bungalow
Heating Type
Forced Air
Cooling
Central Air
Basement Details
Separate Entrance,Full,Finished
Features
Accessory Apartment, In-law Floorplan, Private Entrance
Appliances
2 Fridges, 2 Stoves, 2 Washer/dryer 2 Dishwasher 2 Microwave Ranges, Dishwasher, Dryer, Refrigerator, Washer
Agent details
Primary Agent
Primary Broker
RE/MAX Escarpment Realty Inc.
Listing details
Days on REW
180 Days
Property Views
29
MLS® Number
40792922
Source
Information Technology Systems Ontario
Board
Cornerstone Association of REALTORS®
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

É Élém L'Héritage
  • Public
  • JK - 8
Saint Francis Catholic Secondary School
  • Catholic
  • 9 - 12
Eden School
  • Public
  • JK - 12
Parnall Public School
  • Public
  • JK - 8
William Hamilton Merritt Public School
  • Public
  • JK - 8
Pine Grove Public School
  • Public
  • JK - 8
St James Catholic Elementary School
  • Catholic
  • JK - 8
Dalewood Public School
  • Public
  • 1 - 8
Our Lady of Fatima Catholic Elementary School
  • Catholic
  • JK - 8
Governor Simcoe Secondary School
  • Public
  • 9 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-07.