155 1/2 Lake Street
St. Catharines, ON
- 3 bed
- 2 bath
- approx. 1100-1500 sqft
- Detached
- 126 days on market
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.
Listing Details
- Taxes (2025)
- $3,020
- Originally Listed
- $510,000
- Listed
- May 5, 2026
Price History
Property
- Style
- 1 1/2 Storey
- Construction
- Metal/Steel Siding, Stucco (Plaster)
- Roof
- Asphalt Shingle
- Foundation
- Unknown
- Interior
- Upgraded Insulation
- Lot Size
- 33 x 103.2 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 1
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- DUFFERIN ST/LAKE ST
- Zoning
- R3
- Parcel Number
- 462140343
- Possession
- Immediate
- Occupancy
- Tenant
Included
- Inclusions
- 2 FRIDGES, 2 STOVES, 2 MICROWAVES, WASHER AND DRYER, ALL ELFS
- Exclusions
- ALL TENANTS BELONGINGS
- Rental Items
- WATER TANK
Schools
Elementary
- École élémentaire L'Héritage0.4 km
French public · CS Viamonde · 160 students
Grade 3 reading: 87% met the provincial standard · Grade 6 math: 73% met the provincial standard
- Pine Grove Public School0.5 km
Public · DSB Niagara · 380 students
Grade 3 reading: 84% met the provincial standard · Grade 6 math: 73% met the provincial standard
- Parnall Public School0.9 km
Public · DSB Niagara · 320 students
Grade 3 reading: 95% met the provincial standard · Grade 6 math: 69% met the provincial standard
Secondary
- Saint Francis Catholic Secondary School0.6 km
Catholic · Niagara CDSB · 505 students
Grade 10 literacy: 88% met the provincial standard
- Lifetime Learning Centre Secondary School0.8 km
Public · DSB Niagara · 50 students
- Eden High School0.9 km
Public · DSB Niagara · 1080 students
Grade 10 literacy: 91% 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
Residential Freehold in St. Catharines · last 12 months
- Median sold price
- $540,000
- Homes sold
- 1,621
- Median days on market
- 26
- Sale-to-list price
- 96.6%
Based on 1,621 recorded sales of residential freehold properties in St. Catharines over the last 12 months.
Rooms
4-piece on Main, 4-piece on Second
Second
- Den11' x 10'
- Kitchen9' x 8'
- Living Room18' x 13'
Main
- Bedroom10' x 8'
- Kitchen16' x 11'
- Living Room23' x 11'
- Primary Bedroom18' x 10'
Basement
- Laundry
Listed by
SUTTON GROUP - SUMMIT REALTY INC.
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
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: $252/mo · Insurance: $122/mo
Estimates only. Consult a financial advisor.
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