155 1/2 LAKE STREET, St. Catharines (Downtown)

$492,000

For sale: Detached

Detached at 155 1/2 LAKE STREET, St. Catharines (Downtown)
Property type
Detached
Bedrooms / bathrooms
3 bedrooms, 2 bathrooms
Living area
1,500 sqft
MLS®
MLS® X13085360
Neighbourhood
451 - Downtown

ATTENTION INVESTORS! 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, both currently rented, with the main floor generating $1,775/month and the upper unit $1,200/month. The upper unit offers 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). The basement provides shared laundry facilities for both units along with additional storage space. With both units tenanted, this property offers immediate rental income and an attractive opportunity for investors looking to add a centrally located income property to their portfolio.

Sold data

Homes in Downtown — recent sold market

Homes in Downtown took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 50, across 34 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 42 days.

The median sale price was $489,950.

Homes sold for about 3.7% below asking on average, so there was room to negotiate.

About 6% of sales closed above the list price.

Around 29% of sellers reduced their price before finding a buyer.

Median days to sell
29
Median sale price
$489,950
Sale-to-list ratio
96.3%
Sold above asking
6%

Based on 34 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in St. Catharines (Downtown)

St. Catharines (Downtown) has 47 Fraser Institute–rated schools (38 elementary and 9 secondary), averaging 7.3/10.

Rated schools
47
Elementary
38
Secondary
9
Average rating
7.3 / 10

Top-rated schools in St. Catharines (Downtown)

  • Applewood — elementary, St. CatharinesFraser rating 10.0/10
  • Gracefield — elementary, St. CatharinesFraser rating 10.0/10
  • Burleigh Hill — elementary, St. CatharinesFraser rating 9.9/10
  • Oakridge — elementary, St. CatharinesFraser rating 9.6/10
  • Power Glen — elementary, St. CatharinesFraser rating 9.5/10
  • Westdale — elementary, St. CatharinesFraser rating 9.3/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 155 1/2 LAKE STREET