33 Lake Street, St. Catharines, ON
Property no longer active
This property was sold on November 7, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of 451 - Downtown. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $799,500 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.
- 5 Bedrooms and 5 Bathrooms with 5 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 40 x 125 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available
- Notable attributes: Accessory Apartment
- equipped with window unit(s) central cooling and highly efficient radiant heating via gas
Description
Well-maintained downtown FIVEPLEX! A rare investment opportunity! Located just steps from Montebello Park and within walking distance to downtown businesses and public transit, this 2,655 sq/ft. apartment building is a fantastic opportunity for investors seeking reliable income. All the units have been recently renovated. This building features five self-contained one-bedroom units, each with a private bedroom, kitchen, living area, and bathroom. Fully rented and currently leased to excellent tenants on month-to-month terms, generating over $60,000 in gross annual income. Each unit includes water, heat, hydro and internet, offering convenience and value for tenants. Additional features include: on-site parking for six vehicles and coin-operated laundry in a shared area. Some other updates include: rear stairs (2020), roof (2016). An easy-to-maintain property with low operating demands. This is an ideal opportunity to maintain a fully leased income property or move into one unit and continue renting out the others. A solid, turnkey investment in a desirable downtown location!
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Property Summary
This multiplex located at 33 Lake Street, St. Catharines is currently for sale and has been available on SousaSells for 366 days. This property is listed at $799,500 with an estimated mortgage of $2,661* per month. It has 5 beds, 5 bathrooms, and is 2500-3000 square feet. 33 Lake Street, St. Catharines is in the 451 - Downtown neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 5 bathrooms, this home offers ample space and comfort for growing families in 451 - Downtown, St. Catharines.
- •5 spacious bedroom layout offering versatile living space
- •5 well-appointed bathrooms
- •2500-3000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in 451 - Downtown, St. Catharines.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Library
- Park
- Place Of Worship
- Public Transit
- Arts Centre
Interior Features
- Accessory Apartment
Security Features
- Smoke Detector
- Carbon Monoxide Detectors
Community Features
None listed
Frequently Asked Questions about 33 Lake Street, St. Catharines, ON
Q.What is the asking price for 33 Lake Street, St. Catharines, ON ?
The current listing price for 33 Lake Street, St. Catharines, ON in 451 - Downtown, St. Catharines is $799,500.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 5 bathrooms across approximately 2500-3000 sqft.
Q.What property type and architectural style is 33 Lake Street, St. Catharines, ON ?
33 Lake Street, St. Catharines, ON is a Multiplex (2-Storey) featuring a Full, Unfinished basement.
Q.What key property features does 33 Lake Street, St. Catharines, ON offer?
Key property features include: Library, Park, Place Of Worship, Public Transit, Arts Centre.
Q.What interior features are included in this home?
Interior highlights include: Accessory Apartment.
Q.What security features are installed at 33 Lake Street, St. Catharines, ON ?
Security features include: Smoke Detector, Carbon Monoxide Detectors.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Window Unit(s).
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Pricing & Value Insights
Data-driven valuation for 33 Lake Street, St. Catharines, ON L2R 5W9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in St. Catharines, ON
For a property listed at $799,500 in St. Catharines, the legal minimum down payment is $54,950 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 $12,465 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 $12,465.
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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.