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155 LAKE Street

155 LAKE Street

St. Catharines, Ontario

  • 2 bed
  • 2 bath
  • Single Family
$487,000

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.

Price History

Schools

Elementary

  • Harriet Tubman Public School0.2 km

    Public · DSB Niagara · 680 students

    Grade 3 reading: 71% met the provincial standard · Grade 6 math: 60% met the provincial standard

  • St Denis Catholic Elementary School0.5 km

    Catholic · Niagara CDSB · 290 students

    Grade 3 reading: 81% met the provincial standard · Grade 6 math: 50% met the provincial standard

  • St Nicholas Catholic Elementary School0.9 km

    Catholic · Niagara CDSB · 215 students

    Grade 3 reading: 78% met the provincial standard · Grade 6 math: 18% met the provincial standard

Secondary

  • St Catharines Collegiate Institute and Vocational School0.5 km

    Public · DSB Niagara · 700 students

    Grade 10 literacy: 85% met the provincial standard

  • Eden High School2.5 km

    Public · DSB Niagara · 1080 students

    Grade 10 literacy: 91% met the provincial standard

  • Laura Secord Secondary School2.7 km

    Public · DSB Niagara · 635 students

    Grade 10 literacy: 85% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area L2R

Population
25,558
Private dwellings
13,117
Median age
40.4
Average household size
2.1
Median household income
$61,200

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Single Family in St. Catharines · last 12 months

Median sold price
$540,000
Homes sold
1,616
Median days on market
26
Sale-to-list price
96.6%

Based on 1,616 recorded sales of single family properties in St. Catharines over the last 12 months.

Walk Score

Walk Score is unavailable for this address right now.

Location

Street View

Mortgage Calculator

$97,400

Estimated Monthly Payment

$2,392

Land transfer tax

Estimated land transfer tax$6,215

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,392/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $122/mo

Estimates only. Consult a financial advisor.

R

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