Property Information:

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. (id:27)

Building Features:

Style: Detached
Building Type: House
Basement Development: Unfinished
Basement Type: Full
Construction Status: Insulation upgraded
Construction Style - Attachment: Detached
Exterior Finish: Steel, Stucco
Floor Space: 1100 - 1500 sqft
Foundation Type: Unknown
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning
Appliances: Dryer, Microwave, Two stoves, Washer

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 2+1
Bathrooms: 2
Floor Space (approx): 1100 - 1500 Square Feet
Irregular: Yes
Lot Depth: 103.2 Feet
Lot Frontage: 33 Feet
Lot Size: 33 x 103.2 FT
Zoning: R3
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 1

Rooms:

Living 2nd Level 5.49 m x 3.96 m
Kitchen 2nd Level 2.74 m x 2.44 m
Den 2nd Level 3.35 m x 3.05 m
Laundry Basement Level Measurements not available
Living Main Level 7.01 m x 3.35 m
Kitchen Main Level 4.88 m x 3.35 m
Primary Bedroom Main Level 5.49 m x 3.05 m
Bedroom Main Level 3.05 m x 2.44 m

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Courtesy of: SUTTON GROUP - SUMMIT REALTY INC.

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Demographic Information of 155 1/2 LAKE STREET, St. Catharines, Ontario, L2R 5Y5

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$94,914.82

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.34 %

High school certificate or equivalent

36.8 %

Apprenticeship trade certificate/diploma

6.48 %

College/non-university certificate

23.94 %

University certificate (below bachelor)

0.88 %

University Degree

19.55 %

Commuter

Travel To Work

By Car

87.7 %

By Public Transit

3.08 %

By Walking

4.73 %

By Bicycle

0.26 %

By Other Methods

4.23 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

20.93 %

Houses

79.07 %

155 1/2 LAKE STREET, St. Catharines, Ontario, L2R 5Y5