Listed for:Listed Jul 21, 2026
$664,900

557 Lake Street

St. Catharines (Lakeport), ON L2N 4J1

Detached House For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 557 Lake Street, St. Catharines, Lakeport

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 557 Lake Street, St. Catharines, Lakeport

Summarized Description

  • Income-generating two-family home in St.
  • Catharines.
  • Two spacious 3-bedroom units with modern updates.
  • Tastefully renovated interiors with updated kitchens.
  • Flexible layout allows conversion to single-family residence.
  • Separate hydro meters for each unit's usage.
  • Currently leased, providing immediate rental income.
  • Conveniently located near schools, shopping, and parks.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,650
Land Transfer Tax Fee
$9,773

Rental Items

Rental Equipment
Hot Water Tank

Basement Type
Finished with Walk-Out

Interior Features

Laundry Level
Main Level
Interior Extras
Carpet Free, In-Law Capability, In-Law Suite, Separate Hydro Meter
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Detached
Building Style
Bungalow
Approx Age
51-99

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
70.50 ft
Lot Depth
111.19 ft
Lot Shape
Rectangular

Inclusions

Inclusions
2 Fridges, 2 stoves, 2 washer/dryer 2 dishwasher 2 microwave ranges

Exclusions

Exclusions
Tenants Belongings

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
4
Total Garage And Parking Spaces
4

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
3 + 3
Washrooms
2
Kitchens
3

Room sizes

  • Bedroom 2—
    Main level
  • Primary Bedroom—
    Basement level
  • Room—
  • Kitchen—
    Main level
  • Living Room—
    Main level
  • Bedroom 3—
    Main level
  • Primary Bedroom—
    Main level
  • Kitchen—
    Basement level
  • Bedroom 5—
    Basement level
  • Bedroom 4—
    Basement level

Washrooms

  • 4-piece, Main
  • 4-piece, Sub-Basement

Municipality
St. Catharines
Neighbourhood
Lakeport
Main cross streets
Lakeshore and Lake
Directions
On Lake Street between Lakeshore Rd. and Linwell

MLS® number
X13588644
Data source
Toronto Regional Real Estate Board
Listed on
2026-07-21
Updated on
2026-08-06
Days on market
92 days
Possession type
Flexible
Co-op commission
2% + HST
Seller
Listed by
RE/MAX ESCARPMENT REALTY INC.

Home Market Value

Current home valuation for 557 Lake Street, St. Catharines, Lakeport, St. Catharines, ON. Listed for $664,900

HOMEH Estimate

?

$617,811

Estimated Sales Range

?

$562,849 - $700,254

HOMEH Estimate for 557 Lake Street, St. Catharines, Lakeport

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$617,811Low confidence
Based on 9 comparable properties
+ $47,089 (8%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
St. Catharines, ON
Minimum Down Payment Required:6.2%

5% on first $500K + 10% on $164,900 over $500K

Minimum down payment

$41,490

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$24,920$18,551$15,825$0
=Total mortgage
$647,931$616,961$580,990$531,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,164monthly$3,012monthly$2,837monthly$2,597monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$9,773

Total Land Transfer Tax

$9,773

Around this home

10/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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7.5 /10

St. Francis

Private·secondary·140m

7.8 /10

Eden

Public·secondary·300m

7.5 /10

L'Héritage

Public·elementary·French·390m

8.0 /10

Parnall

Public·elementary·800m

6.5 /10

Sheridan Park

Public·elementary·800m

7.8 /10

Pine Grove

Public·elementary·1.0km

8.2 /10

Dalewood

Public·elementary·1.3km

7.9 /10

St James

Private·elementary·1.3km

6.6 /10

Our Lady of Fatima

Private·elementary·1.7km

7.2 /10

Governor Simcoe

Public·secondary·1.8km

7.0 /10

Lincoln Centennial

Public·elementary·1.8km

7.0 /10

St Ann

Private·elementary·2.3km

8.9 /10

Prince Philip

Public·elementary·2.3km

6.2 /10

St Denis

Private·elementary·2.4km

6.7 /10

Laura Secord

Public·secondary·2.4km

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