155 1/2 Lake Street

St. Catharines, ONDetached
$492,000
MLS® X13085360
Detached3 beds2 baths1 total
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About This Property

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. (id:63604)

Key Facts

Type
Detached
Beds
3
Baths
2
Size
1,100 sqft
Lot
33 x 103.2 FT
Parking
1 total

Highlights

  • Washer
  • Dryer
  • Microwave
  • Two stoves
  • Two Refrigerators
Property Details 17 details
Bedrooms
3 bedrooms
2 above grade + 1 below grade
Bathrooms
2 bathrooms
Parking
1 parking space
No Garage
Living area
1,100 - 1,500 sq. ft.
Property
Single Family · Freehold · Detached
Property subtype
Single Family
Structure type
House
Ownership
Freehold
Attached status
Detached
Storeys
1.50
Basement
Unfinished, Full
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
No
Lot dimensions
33 x 103.2 FT
Frontage
33 feet
Taxes
$3,020.00 (2,025)
Zoning
R3
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

WasherDryerMicrowaveTwo stovesTwo Refrigerators

Exterior features

SteelStuccoInsulation upgraded
Rooms 8 rooms
Level
Room
Dimensions
Main level
Living room
7.01 m x 3.35 m
Main level
Kitchen
4.88 m x 3.35 m
Main level
Primary Bedroom
5.49 m x 3.05 m
Main level
Bedroom
3.05 m x 2.44 m
Second level
Living room
5.49 m x 3.96 m
Second level
Kitchen
2.74 m x 2.44 m
Second level
Den
3.35 m x 3.05 m
Basement
Laundry room
Not specified
Mortgage & Affordability Estimate monthly costs
Purchase price$492,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Downtown
City
St. Catharines
Postal code
L2R 5Y5
Nearby
Cross Streets: DUFFERIN ST/LAKE ST. ** Directions: CORNER OF DUFFERIN ST + LAKE ST.