Listed by Re/Max Escarpment Realty Inc..

557 Lake Street is a Detached, Bungalow and is currently for Sale @ $699,900. Taxes in 2025 were $4,650.00.

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Welcome to 557 Lake St - a well-kept, income-generating 2-family home in the highly convenient north end of St. The Bungalow on 557 Lake Street has 3 bedrooms, 3 bathrooms, and is located on a 111.19 x 70.5 ft loton < .50 acres in the community of Lakeport . 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.

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

The address 557 Lake Street was listed for sale (MLS# X12617058) on Wednesday, December 10, 2025.