155 1/2 Lake Street St. Catharines, Ontario L2R 5Y5

3 Bedroom 2 Bathroom 1,467 ft2
Central Air Conditioning Forced Air

$497,000

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. (id:48169)

Property Details

MLS® Number 40827256
Property Type Single Family
Amenities Near By Park, Place Of Worship, Public Transit, Schools
Equipment Type Water Heater
Parking Space Total 1
Rental Equipment Type Water Heater

Building

Bathroom Total 2
Bedrooms Above Ground 3
Bedrooms Total 3
Appliances Dryer, Refrigerator, Stove, Washer
Basement Development Unfinished
Basement Type Partial (unfinished)
Constructed Date 1913
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Metal, Stucco
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1,467 Ft2
Type House
Utility Water Municipal Water

Land

Access Type Highway Nearby
Acreage No
Land Amenities Park, Place Of Worship, Public Transit, Schools
Sewer Municipal Sewage System
Size Depth 103 Ft
Size Frontage 33 Ft
Size Total Text Under 1/2 Acre
Zoning Description R3

Rooms

LevelTypeDimensions
Second Level 4pc Bathroom Measurements not available
Second Level Living Room 18'0'' x 13'0''
Second Level Bedroom 11'0'' x 10'0''
Second Level Kitchen 9'0'' x 8'0''
Basement Laundry Room Measurements not available
Main Level Living Room 23'0'' x 11'0''
Main Level Kitchen 16'0'' x 11'0''
Main Level Primary Bedroom 18'0'' x 10'0''
Main Level Bedroom 10'0'' x 8'0''
Main Level 4pc Bathroom Measurements not available

https://www.realtor.ca/real-estate/29702251/155-12-lake-street-st-catharines

Contact Us

Contact us for more information

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Ash Alles
Salesperson

(647) 828-8510

Sutton Group Summit Realty Inc.
33 Pearl Street #600
Mississauga, Ontario L5M 1X1

(905) 897-9555
www.suttonsummit.ca/

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