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.
View of front facade with a chimney, brick siding, a storage unit, and stone siding
Kitchen featuring appliances with stainless steel finishes, light marble finish flooring, white cabinets, plenty of natural light, and recessed lighting
Kitchen featuring stainless steel appliances, white cabinetry, light marble finish floors, and recessed lighting
Kitchen featuring stainless steel appliances, white cabinetry, light marble finish floors, backsplash, and recessed lighting
Dining space featuring light marble finish floors
Spare room featuring dark wood finished floors, recessed lighting, and ornamental molding
Unfurnished room featuring dark wood-style flooring, ornamental molding, and recessed lighting
Living area with wood finished floors and recessed lighting
Bathroom featuring double vanity, light marble finish flooring, and shower / bath combo with shower curtain
Spare room featuring dark wood-style flooring and baseboards
Bedroom with dark wood-style floors
Hall featuring light marble finish floors and recessed lighting
View of exterior entry
Entryway with baseboards and wood finished floors
Washroom with light wood-style floors and baseboard heating
Kitchen with stainless steel fridge, electric range, white cabinetry, dark wood-style flooring, and recessed lighting
Kitchen featuring appliances with stainless steel finishes, light stone counters, a peninsula, dark wood finished floors, and under cabinet range hood
Kitchen with appliances with stainless steel finishes, white cabinets, light wood-style flooring, and recessed lighting
Kitchen with appliances with stainless steel finishes, white cabinetry, light wood-style floors, light stone counters, and open floor plan
Bathroom featuring double vanity, dark wood-style floors, and vaulted ceiling
Full bath featuring double vanity and shower / bath combo with shower curtain
Unfurnished bedroom with dark wood-type flooring and baseboards
Spare room with baseboards and dark wood-style floors
Spare room featuring dark wood-type flooring and baseboards
Unfurnished bedroom with multiple closets and dark wood-type flooring
Bedroom featuring wood finished floors
Snow covered property featuring a chimney, brick siding, and a storage shed
Snow covered house with brick siding and a chimney
Yard layered in snow featuring a patio area
View of front of property with a chimney, stone siding, and a shingled roof
View of front of house with a chimney and brick siding
View of snowy aerial view
View of property location featuring property parcel outlined
Data was last updated January 28, 2026 at 07:50 AM (UTC)
Area Statistics
Listings on market:
98
Avg list price:
$573,950
Min list price:
$260,000
Max list price:
$2,999,500
Avg days on market:
51
Min days on market:
1
Max days on market:
294
Avg price per sq.ft.:
$393.4
These statistics are generated based on the current listing's property type
and located in
St. Catharines. Average values are
derived using median calculations. This data is not produced by the MLS® system.