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For saleMLS® X13588644

557 Lake Street, St. Catharines, ON L2N 4J1

Lakeport · L2N 4J1

$664,900

$604 / sq ft

3 months on market

Bedrooms
3+3
Bathrooms
2
Interior
1,100 sf
Parking
4
Lot
70.5 × 111.19 ft
Age
51-99 years

What's special

  • 4 parking spaces
  • Central air
  • Walk-out basement
  • Carpet free
  • In-law capability
  • In-law suite
  • Separate hydro meter

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About this property

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.

Rooms

10 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
KitchenMain4.72 × 4.11 m15.5 × 13.5 ft—
Living RoomMain6.93 × 4.47 m22.7 × 14.7 ft—
Primary BedroomMain4.57 × 3.40 m15.0 × 11.2 ft—
Bedroom 2Main3.56 × 2.87 m11.7 × 9.4 ft—
Bedroom 3Main3.66 × 3.53 m12.0 × 11.6 ft—
KitchenBasement5.79 × 8.69 m19.0 × 28.5 ft—
Primary BedroomBasement4.57 × 4.27 m15.0 × 14.0 ft—
Bedroom 4Basement4.37 × 4.57 m14.3 × 15.0 ft—
Bedroom 5Basement4.57 × 1.83 m15.0 × 6.0 ft—
Room——

Features

  • Carpet Free
  • In-Law Capability
  • In-Law Suite
  • Separate Hydro Meter

Property details

Property

Property type
detached
Bedrooms
3 + 3
Bathrooms
2
Interior size
1,100 sq ft
Year built
51-99
Lot size
70.5 × 111.19 ft
Possession
Flexible

Interior

Basement
Finished with Walk-Out
Heating
Forced Air · Gas
Cooling
Central Air
Exposure
West

Exterior & services

Construction
Brick
Parking spaces
4
Sewer
Sewer

Costs

List price
$664,900
Property taxes
$4,650 / year (2025)
Price per sq ft
$604
Rental items
Hot Water Tank

Listing

MLS® number
X13588644
Status
For sale
Listed
July 21, 2026
Days on market
107
Last updated
August 6, 2026
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 44% of comparable detached listings in Lakeport are asking less.

$588KMedian $699K$780K
This home
$604 / sq ft
Comparable median
$857 / sq ft

Based on 9 comparable active detached listings in Lakeport. These are asking prices, not sale prices.

Mortgage estimate

Down payment6.2% · minimum $41,490
$41,490
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$3,446.94
Property tax (est.)
$387.50
Estimated monthly
$3,834

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$9,773
Total due on closing
$9,773

An estimate on the asking price of $664,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX ESCARPMENT REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$664,900

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