16-22 LYMAN Street, St. Catharines — For Sale in St. Catharines
2 bed · 0 bath · Investment for sale in St. Catharines.
16-22 LYMAN Street, St. Catharines, ON L2R 5H7
About This Property
Now for sale at 16-22 LYMAN Street in St. Catharines: a 2-bedroom, 0-bathroom investment listed at $2,088,000.
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.
Property Specifications
| MLS® Number | X13061602 |
|---|---|
| Status | For Sale |
| List Price | $2,088,000 |
| Property Type | Commercial |
| Sub Type | Investment |
| Transaction Type | For Sale |
| Bedrooms | 2 |
| Bathrooms | 0 |
| Living Area | 4628 sq ft |
| Address | 16-22 LYMAN Street, St. Catharines, ON L2R 5H7 |
| City | St. Catharines |
| Postal Code | L2R 5H7 |
Listing Contracted With: COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE
