155 1/2 Lake Street, St. Catharines, ON L2R 5Y5
$487,000
$487,000

155 1/2 Lake Street

451 - Downtown, St. Catharines, Niagara $487,000

Make an offer

3 Beds
2 Baths
1100-1500 sqft
Parking for 1
West Facing
Zoning: R3
MLS®#:
X13085360
Property Type:
Detached
Property Style:
1 1/2 Storey
Area:
Niagara
Community:
451 - Downtown
Taxes:
$3,020 / 2025
Added:
May 05 2026
Lot Frontage:
33
Lot Depth:
103.2
Status:
Active
Outside:
Metal/Steel Siding,Stucco (Plaster)
Year Built:
Basement:
Full,Unfinished
Brokerage:
SUTTON GROUP - SUMMIT REALTY INC.
Lot :

103

33

Intersection:
DUFFERIN ST/LAKE ST
Rooms:
Bedrooms:
3
Bathrooms:
2
Fireplace:
Utilities
Water:
Municipal
Cooling:
Central Air
Heating Type:
Forced Air
Heating Fuel:
Living Room 7.01 x 3.35m

Main Level
Kitchen 4.88 x 3.35m

Main Level
Primary Bedroom 5.49 x 3.05m

Main Level
Bedroom 3.05 x 2.44m

Main Level
Living Room 5.49 x 3.96m

Second Level
Kitchen 2.74 x 2.44m

Second Level
Den 3.35 x 3.05m

Second Level
Laundry 0

Basement Level

Listing Details

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.

2 FRIDGES, 2 STOVES, 2 MICROWAVES, WASHER AND DRYER, ALL ELFS

Insights

  1. Strong Rental Income Potential: The property features two self-contained units, with one currently tenanted, providing immediate and stable rental income. This makes it an attractive option for investors looking for cash flow.
  2. Recent Upgrades: Significant updates, including a new furnace and AC unit (2023), roof replacement (2019), and insulation improvements (2018), enhance the property's value and reduce future maintenance costs.
  3. Centrally Located: Situated in downtown St. Catharines along a bus route and close to amenities, this property offers convenience for residents and potential tenants, increasing its desirability and long-term value.

Sale/Lease History of 155 1/2 Lake Street

View all past sales, leases, and listings of the property at 155 1/2 Lake Street.

Neighborhood Overview

Complete neighborhood profile for 155 1/2 Lake Street

451 - Downtown home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in 451 - Downtown

Insights for 155 1/2 Lake Street

View the highest and lowest priced active homes, recent sales on the same street and postal code as 155 1/2 Lake Street, and upcoming open houses this weekend.

* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)