16-22 LYMAN Street
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 & finishes
Property details
| MLS® Number | X13061602 |
| Status | Active |
| Listing Type | For Sale |
| Property Type | Commercial |
| Interior Size | 4,628 sq ft |
| Beds / Baths | 2 bed · 0 bath |
| City | St. Catharines |
| Postal Code | L2R 5H7 |
| Province | ON |
| Listed Date | April 30, 2026 |
| Days on Market | 98 |
| Price per Sq Ft | $451 |
| Brokerage | COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE |
Location
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