16-22 LYMAN STREET

St. Catharines (Downtown), , L2R5H7, Canada

$2,088,000

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.

Last updated on : Thursday 30th of April 2026 10:15:22 AM

ADDRESS

Street : 16-22 LYMAN STREET

City : St. Catharines (Downtown)

Country : Canada

Postal Code : L2R5H7

Open in Google Map

PROPERTY SUMMARY

Property ID : X13061602

Building Type : Multi-Family

Property Type : Multi-family

Bedrooms : 2

Parking : 47

Similar Properties

Multi-family

3 CAMERON STREET

Springwater (Centre Vespra), Ontario, L9X0S6

$1,349,999

Beds: 2Baths: 5

property Type: Triplex

type: Sale

ALEX ELIEFF
1 month ago

DETAILS

Multi-family

67 MONKSWOOD CRESCENT

Newmarket (Central Newmarket), Ontario, L3Y2J9

$999,000

Beds: 2Baths: 2

property Type: Duplex

type: Sale

ASHKAN KOUCHAK
14 hours ago

DETAILS

Multi-family

26 KING STREET EAST EAST

Kitchener, Ontario, N2G2K6

$1,050,000

Beds: 2Baths: 4

property Type: Duplex

type: Sale

GERALDINE MAHOOD
15 hours ago

DETAILS

Multi-family

171 DRUMMOND STREET

Brantford, Ontario, N3S6A6

$469,900

Beds: 2Baths: 2

property Type: Duplex

type: Sale

Kate McGinnis
1 month ago

DETAILS

Multi-family

38 HESS STREET SOUTH SOUTH

Hamilton, Ontario, L8P3N1

$1,699,900

Beds: 2Baths: 2

property Type: Triplex

type: Sale

Sam Stogiannes
6 days ago

DETAILS

Inquire about this property