16-22 LYMAN Street
St. Catharines, ON
- 2 bed
- 4,628 sqft
- Investment
- 122 days on market
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.
Listing Details
- Taxes (2026)
- $14,665
- Listed
- April 30, 2026
Price History
Property
- Lot Size
- 175 x 114.3 Feet
Parking
- Garage
- None
Utilities
- Heat Source
- Other
Location & Legal
- Cross Street
- LYMAN/RAYMOND
- Zoning
- M2-93
- Parcel Number
- 462210016
- Possession
- Flexible
- Occupancy
- Tenant
Community
Postal area L2R
- Population
- 25,558
- Private dwellings
- 13,117
- Median age
- 40.4
- Average household size
- 2.1
- Median household income
- $61,200
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in St. Catharines · last 12 months
- Median sold price
- $540,000
- Homes sold
- 1,612
- Median days on market
- 26
- Sale-to-list price
- 96.6%
Based on 1,612 recorded sales of commercial properties in St. Catharines over the last 12 months.
Listed by
COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 4,628 sq ft
- Price per sq ft
- $451.17
- Annual property tax
- $14,665
- Tax per sq ft
- $3.17
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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