16-22 LYMAN Street, St. Catharines, ON

$2,088,000
MLS#:X13061602
2 beds
0 baths
Commercial
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Description

Property Highlights

Welcome to this remarkable [] investment located in the coveted neighborhood of 451 - Downtown. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,088,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 0 Bathrooms
  • Premium 175 x 114.3 ft lot size
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • equipped with ["no"] central cooling and highly efficient other heating via other

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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Key Features

Bedrooms
2
0
Property Type
Commercial

Additional Details

StatusActive
Listed Date4/30/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeInvestment
Lot Size175 × 114.3 Feet
CountyNiagara
Annual Tax$14,664.73
Legal DescriptionCP PLAN 2, LOT 527, LOT 528, GRANTHAM, ST. CATHARINES

Parking & Garage

Garage Spaces47
Garage TypeNone

Heating & Cooling

Heat SourceOther
Heat TypeOther
Cooling["No"]

Features

Property Features

Community Features

Location

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16-22 LYMAN Street, St. Catharines, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 16-22 LYMAN Street, St. Catharines, ON L2R 5H7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$1,670,400
Monthly Mortgage$9,706
Property Tax (Est.)$1,222
Utilities & Maint.$350
Total Monthly Cost$11,278

Strategic Fiscal Clarity

Informed buyers do not make decisions based on list price alone. This analysis ensures your transition to a superior residence is supported by absolute fiscal certainty.

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