155 1/2 Lake Street
451 - Downtown, St. Catharines, L2R 5Y5
FOR SALE
$487,000
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2 + 1
BEDROOMS 2
BATHROOMS 2
KITCHENS 6
ROOMS X13085360
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Property 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.
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Nearby Intersections
Property Features
Upgraded Insulation, Private
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Property Details
Address
155 1/2 Lake Street
Community
City
Postal Code
L2R 5Y5
Property Type
Detached, Detached
Zoning
R3
Lot Size
33' x 103'
Taxes
$3,020 (2025
Basement
Full, Unfinished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
1
Garage Type
None
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Listing contracted with Sutton Group - Summit Realty Inc.
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