155 1/2 Lake Street, St. Catharines, ON L2R 5Y5

$487,000
: 3
BD
: 2
BA
: 1,100
SqFt

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List Price: $487,000
Price Change: ▼ $10,000 1781127279
MLS#: X13085360
Status: ACTIVE
Type: Single Family Residential
SubType: Detached
Style: 1 1/2 Storey
Bedrooms: 3
Bathrooms: 2
Living Area: 1100-1500
Province: ON
Municipality: St. Catharines
Area: Niagara
Neighborhood: 451 - Downtown
Subdivision: Dufferin St/Lake St

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Property Description

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, including an upper unit offering 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),offering added value and peace of mind. The basement includes shared laundry facilities for both units, along with additional storage space. Upper unit currently rented for $1,200/month, generating immediate income. The vacant main floor presents an excellent opportunity for owner occupancy with mortgage support from rental income, or capitalize on the opportunity to rent both units and maximize cash flow.Whether you're an investor looking to expand your portfolio or a buyer seeking to live in one unit while generating income from the other,this versatile property offers exceptional flexibility and long-term potential.

9052464303

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