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16-22 LYMAN Street, St. Catharines, ON L2R 5H7

St. Catharines, ON, L2R 5H7 · 451 - Downtown

2 Beds
Sq Ft
47 Parking
Investment Type
X13061602 MLS#

About this property

Possibilities abound with this turn-key 8-unit investment opportunity in a prime location near downtown St. Catharines. This well-maintained building features 8 spacious 2-bedroom 1-bathroom units with tenants paying hydro. Currently, there are no vacancies. Also, included as a standout bonus is the leased 37-space parking lot, which currently generates an additional $3200 per month in rental income. Continue leasing for steady cash flow or explore alternative uses to maximize value through your own due diligence. Situated in a high-demand area close to transit, amenities, and the downtown core, this property offers both stability and growth potential and is ideal for investors looking to expand their portfolio with a solid, income-producing asset with an already built-in opportunity for increased returns.

Features & Amenities

  • Garage: None
  • Cooling: No
  • Heat Type: Other
  • Heat Source: Other

Property Details

Property Type Commercial
Property Sub-Type Investment
Bedrooms 2
Garage None
Parking Spaces 47
Heat Type Other
Heat Source Other
Cooling No
Annual Tax $14,665
Tax Year 2026

Building & Construction

Building Area Total
4628

Heating & Cooling

Heat Type
Other
Heat Source
Other
Cooling
No

Parking & Garage

Garage Type
None
Parking Spaces
47

Lot & Land

Lot Size Units
Feet
Lot Depth
114.30
Lot Width
175.00
Lot Irregularities
0.46

Financial & Tax

Tax Annual Amount
$14,665
Tax Year
2026
Possession Type
Flexible

Utilities & Services

Utilities
Yes

Room Details

Kitchens Total
0

Additional Details

Occupant Type
Tenant
County Or Parish
Niagara
Cross Street
LYMAN/RAYMOND
Directions
welland to Gerrard to Raymond to Lyman
Showing Requirements
Showing System

Location

16-22 LYMAN Street, St. Catharines, ON L2R 5H7, St. Catharines, ON, L2R 5H7

Listing courtesy of COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE
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