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155 1/2 LAKE Street, St. Catherines, Ontario

$487,000

3 Beds
2 Baths
1,467 Square Feet

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:23309)

Listing ID: 40827256
Property Type: Single Family
Year Built: 1913

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Rooms

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

Details

Amenities Nearby: Park, Place of Worship, Public Transit, Schools
Equipment: Water Heater
Ownership: Freehold
Parking Spaces: 1
Rental Equipment: Water Heater
Transaction: For sale
Zoning Description: R3

Building

Appliances: Dryer, Refrigerator, Stove, Washer
BasementType: Partial (Unfinished)
Basement Development: Unfinished
Bedrooms Main Level: 3
Constructed Date: 1913
Construction Style Attachment: Detached
Cooling: Central air conditioning
Exterior Finish: Metal, Stucco
Fireplace Present: False
Bathrooms (Total): 2
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 1467 sqft
Stories Total: 1.5
Type: House
Utility Water: Municipal water

Land

Access Type: Highway Nearby
Amenities: Park, Place of Worship, Public Transit, Schools
Sewer: Municipal sewage system
Size Frontage: 33 ft

Listing provided by Sutton Group Summit Realty Inc.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 155 1/2 LAKE Street in St. Catharines Ontario. It was last modified on May 5th, 2026. Contact Paul Busnello to schedule a viewing or to discover other St. Catharines homes for sale.

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