16-22 Lyman Street
St. Catharines, Ontario L2R 5H7
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. (id:15265)
$2,088,000 For sale
- MLS® Number
- X13061602
- Type
- Multi-family
- Building Type
- Multi-Family
- Bedrooms
- 2
- Parking
- 47
- SQ Footage
- 4,628 ft2
- Cooling
- None
- Heating
- Other
Photo Gallery
Property Details
| MLS® Number | X13061602 |
| Property Type | Multi-family |
| Community Name | 451 - Downtown |
| ParkingSpaceTotal | 47 |
Land
| Acreage | No |
| SizeDepth | 114 Ft ,3 In |
| SizeFrontage | 175 Ft |
| SizeIrregular | Bldg=175 X 114.3 Ft ; 0.46 |
| SizeTotalText | Bldg=175 X 114.3 Ft ; 0.46 |
| ZoningDescription | M2-93 |
Building
| BedroomsTotal | 2 |
| CoolingType | None |
| HeatingType | Other |
| SizeExterior | 4628 Sqft |
| SizeInterior | 4,628 Ft2 |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Location Map
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April 30 2026 02:08:34
Niagara Association of REALTORSĀ®
Coldwell Banker Advantage Real Estate Inc, Brokerage
