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MLS® X13061602
St. Catharines, ON
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.
Broker
COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE
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Investment
16-22 LYMAN Street St. Catharines
St. Catharines
Type
Investment
Parking
None
Property Tax
~$14,665/yr
Heating
Other
Buying Essentials
Square Feet
4628 sqft
Parking
None
Finances
List Price
$2,088,000
Price per SQFT
$451/sqft
Property Tax
~$14,665/yr
Property Specs
Property Type
Investment
MLS Size
4628 sqft
Living & Amenities
Heating Type
Other
Policies & Utilities
Neighbourhood
St. Catharines
Listed On
Apr 30, 2026
Days on Market
Current: 191 days
Room information is not available for this listing.
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