155 LAKE Street

St. Catharines, Ontario L2R5Y5

MLS # 40827256

$492,000

Property Details

Type

Detached

Beds

Baths

Status

For Sale

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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.

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Property taxes: about $252/month based on listed annual taxes.

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Rooms

Room	Level	Dimensions
Laundry room	Basement	x
4pc Bathroom	Second level	x
Living room	Second level	13'0'' x 18'0''
Bedroom	Second level	10'0'' x 11'0''
Kitchen	Second level	8'0'' x 9'0''
Living room	Main level	11'0'' x 23'0''
Kitchen	Main level	11'0'' x 16'0''
Primary Bedroom	Main level	10'0'' x 18'0''
Bedroom	Main level	8'0'' x 10'0''
4pc Bathroom	Main level	x