557 LAKE STREET, St. Catharines (Lakeport)

$664,900

For sale: Detached

Detached at 557 LAKE STREET, St. Catharines (Lakeport)
Property type
Detached
Bedrooms / bathrooms
6 bedrooms, 2 bathrooms
Living area
1,500 sqft
MLS®
MLS® X13588644
Neighbourhood
443 - Lakeport

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.

Sold data

Homes in Lakeport — recent sold market

Homes in Lakeport took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 70, across 31 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.

The median sale price was $575,000.

Homes sold for about 3.1% below asking on average, so there was room to negotiate.

About 6% of sales closed above the list price.

Around 32% of sellers reduced their price before finding a buyer.

Median days to sell
27
Median sale price
$575,000
Sale-to-list ratio
96.9%
Sold above asking
6%

Based on 31 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 (Lakeport)

St. Catharines (Lakeport) 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 (Lakeport)

  • 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 557 LAKE STREET