$2,088,000
FOR SALE

Investment

Lot: 175 x 114.3 ft
2026 Taxes: $14,664.73

16-22 LYMAN St
St. Catharines, ON L2R 5H7 | 451 - Downtown | Niagara

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.
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Listed By COLDWELL BANKER ADVANTAGE REAL ESTATE INC, Brokerage
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13061602
Last Updated Apr 30, 2026
Property Summary
Property Type Investment

More like this:
PIN 462210016
Legal Description CP PLAN 2, LOT 527, LOT 528, GRANTHAM, ST. CATHARINES
Taxes (2026) $14,664.73
Directions/Cross Streets LYMAN/RAYMOND
Neighbourhood 451 - Downtown
Area Niagara
Price History

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Detailed Information
Freestanding Y
Bedrooms 2
Lot 175 x 114.3 ft
Air Conditioning No
Basement Basement
Garage Type None
Parking Spaces 47
Heat Source Other
Heat Type Other

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