
Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of 451 - Downtown. Expertly crafted featuring premium hardboard construction, this residence presents an exceptional opportunity offered at $650,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Amazing quality and versatile mixed-use legal duplex located in the heart of the Lake Street small business community. Currently home to one of Niagara's top independent operating Realtors this premium office space and landmark location with a 1-bedroom apartment above is an excellent option with a variety of different uses. The M1 zoning allows for uses including office space, a café, restaurant, retail, convenience store, etc. or can even be converted to have two residential units instead. Completely rebuilt in 2020 the property is fully fire separated, has extensive sound dampening measure between the two units, features in floor gas radiant heating in poured thermal cement throughout the entire building, individual mini-split air conditioning units, separate HRV fresh air units, new plumbing, new electrical, separate hydro meters, newly upgraded insulation throughout, Hardie Board fibre cement siding, exterior camera security system, 7 parking spots plus street parking, a stand-alone 4 x 6 foot illuminated billboard lawn sign, and countless upgrades throughout. The main floor has a great open concept area that is adaptable to many uses, a full 3-piece washroom, full kitchen, as well as a partially finished basement space. The residential unit has a side porch that leads to a main floor mudroom entrance with laundry then proceeds up the stairs to an open concept kitchen, dining, and living room space as well as a healthy size bedroom and 3-piece washroom. Within walking distance to the Downtown St.Catharines business and entertainment district and a short drive to everything Niagara has to offer this incredible opportunity is an overall great business asset and investment.
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This duplex located at 135 Lake Street, St. Catharines is currently for sale and has been available on SousaSells for 2 days. This property is listed at $650,000 with an estimated mortgage of $2,164* per month. It has 2 beds, 2 bathrooms, and is 1100-1500 square feet. 135 Lake Street, St. Catharines is in the 451 - Downtown neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in 451 - Downtown, St. Catharines.
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The current listing price for 135 Lake Street, St. Catharines, ON in 451 - Downtown, St. Catharines is $650,000.
This property features 2 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.
135 Lake Street, St. Catharines, ON is a Duplex (2-Storey) featuring a Partially Finished, Full basement.
Key property features include: Park, Public Transit, Rec./Commun.Centre, School, School Bus Route.
Interior highlights include: Air Exchanger, On Demand Water Heater, Separate Hydro Meter, Storage, Ventilation System, Water Heater Owned, Upgraded Insulation.
Security features include: Security System.
Yes, this property offers parking space for 7.0 vehicles (None).
Heating is provided via Gas and cooling via Wall Unit(s).
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 135 Lake Street, St. Catharines, ON L2R 5Y2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in St. Catharines.
About Purchasing a Home in St. Catharines, ON
For a property listed at $650,000 in St. Catharines, the legal minimum down payment is $40,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,475 for this transaction. As this listing is in St. Catharines (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.