Homes for Sale in Niagara Region—

Residential Income For Sale

2,200 Sqft - 125 Lake Street, St. Catharines, Ontario L2R 5X9

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Property Description

CURRENTLY 2 UNITS – COULD EASILY BE CONVERTED INTO 3 UNITS. Looking for the perfect investment property? Well, look no further. This 2 1/2 story home with a business building fronting onto Lake street, offers a multitude of flexibility for a multitude of residential /commercial options. With M1 zoning and three separate meters, this home can easily be converted into a triplex of all residential or maintain commercial portion, with or without full separation of all units. This beautiful character home section of this property offers a great layout. As you enter the home you have a good-sized foyer, dining room kitchen, 3 pc bath, and a sunken living room with a gas fireplace. From the den, you have another exterior side entrance that leads you into the 700 sq. ft commercial space, (currently being used as a residential space). Inside the commercial space, you have an abundance of natural light from the large windows, another 3pc bath, and frontage to Lake St. On the second floor of the residential portion of the home, you have 3 bedrooms, another 4 pc bath, laundry, and a small living area. (This space could be converted into a kitchenette). The finished attic is currently used as a 4th bedroom (Primary). Updates include a new concrete driveway, Kitchenette, and bathroom added in the commercial space 2020, windows on the 3rd-floor bedroom, new eavestroughs, downspouts, chimney, and liner (2016), as well as new siding at the rear of the building. The roof was completely redone including new plywood insulation and shingles (2016). This home must be seen to truly appreciate its potential.

Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 40339121
Price : $749,000
Square Footage : 2,200 Sqft
Square Footage : 2,200 Sqft
Status : Active
Property SubType : Multi-3 Unit
Swimming Pool : Other
Heating System : Natural Gas, Steam Radiators
Cooling System : Window Unit(s)
Basement : Unfinished, Partial
Parking : 2
Fireplace Features : Gas, Family Room
Fireplaces Total : 1
Garage Spaces : 0
Interior Features : In-law Capability, Ceiling Fan(s), Separate Hydro Meters, Accessory Apartment
Laundry Features : Upper Level, In Bathroom
Lot Features : Schools, Urban, Irregular Lot, Major Highway, Park, Place Of Worship, Playground Nearby, Public Parking, Public Transit, School Bus Route, Shopping Nearby, City Lot
Parking Features : Concrete
Roof : Asphalt Shing
Security Features : Smoke Detector(s), Smoke Detector
Sewer : Sewer (municipal)
Province : Ontario
Region : Niagara
City : St. Catharines
Neighbourhood : St. Catharines
Postal Code : L2R 5X9
Street : 125 Lake Street
Floor Number : 0
Directions : Lake Street & Chaplin Avenue
Additional MLS Details
Agent Name : Lisa Seto
Architectural Style : 1 Storey/apt
Construction Materials : Stone, Wood Siding, Metal/steel Siding
Elementary School : Harriet Tubman Ps/St Nicholas Catholic Elementary
Foundation Details : Poured Concrete
High School : St Catharines Collegiate/Denis Morris Catholic Hig
Inclusions : Smoke Detector
Agent MlsId : NINR4876
Office MlsId : NI486
New Construction : 1
Number Of Units : 0
Stories Total : 2.5
Water Source : Municipal
Zoning : M1
MLSAreaMinor : 447 - St. Catharines Downtown
Residential Income For Sale
  • Listing ID : 40339121
  • Square Footage : 2,200 Sqft
Contact Agent
Contact Agent


Royal LePage NRC Realty Compass Estates
33 Maywood Avenue
St. Catharines, ON
L2R 1C5

Administrative Office

1 Keefer Road
St. Catharines, ON
L2M 7N9

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