For Sale: 16-22 Lyman Street, St. Catharines, ON - REW
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$2,088,000
2 bd ba 4628 sf Multifamily

16-22 Lyman StreetSt. Catharines, ON, L2R 5H7

  • 2 Bed
  • Bath
  • 4628 Sqft
  • Multifamily

About this home

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:63626)
Listed by: Faith Rolleman, Broker, COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

Home facts and features

Price details
List Price
Gross Taxes for 2026
$14,665
Home facts
Bedrooms
2
Full Bathrooms
Parking Spaces
47
Property Type
Multifamily
Depth
114.3 feet
Frontage
175.0 feet
Heating Type
Other
Agent details
Primary Agent
Primary Broker
COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE
Secondary Agent
Secondary Broker
COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE
Listing details
Days on REW
48 Days
Property Views
11
MLS® Number
X13061602
Source
Canadian Real Estate Association
Board
Niagara Association of REALTORS®
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

St Nicholas Catholic Elementary School
  • Catholic
  • JK - 8
ÉÉC Immaculée-Conception
  • Catholic
  • JK - 8
St Catharines Collegiate Institute and Vocational
  • Public
  • 9 - 12
Harriet Tubman Public School
  • Public
  • JK - 8
St Denis Catholic Elementary School
  • Catholic
  • JK - 8
Edith Cavell Public School
  • Public
  • JK - 8
Connaught Public School
  • Public
  • JK - 8
Grapeview Public School
  • Public
  • JK - 8
Mother Teresa Catholic Elementary School
  • Catholic
  • JK - 8
St Anthony Catholic Elementary School
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-16.