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RE/MAX PREMIER INTERNATIONAL INC., Brokerage logo

Frank Merigliano

Team Leader - VIPCondosToronto / Sales Representative - RE/MAX PREMIER INTERNATIONAL INC., Brokerage

RE/MAX PREMIER INTERNATIONAL INC., Brokerage · Independently Owned & Operated

1885 Wilson Avenue, Toronto, Ontario, M9M 1A2

Phone: 416-885-0172

Listing data is provided under license from the Toronto Regional Real Estate Board (TRREB). TRREB assumes no responsibility for the accuracy of the information contained herein. Data is updated periodically and may not reflect the most current market activity. Not intended to solicit buyers or sellers currently under contract. MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

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MLS# X13061602Downtown, St. Catharines · L2R 5H7
For SaleInvestment

16-22 LYMAN Street

$2,088,000
4,628 sqft$451/sq ft6d on market
MLS# X13061602Downtown, St. Catharines · L2R 5H7
For SaleInvestment

16-22 LYMAN Street

$2,088,000

$451/sq ft · 6 days on market

Bedrooms
—
Size
4,628 sq ft
Parking
47 None
OverviewHistoryDetailsNeighbourhood

About This Listing

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 Details

MLS NumberX13061602
Property TypeInvestment
StyleApartment
Listing TypeFor Sale
StatusActive
Size4,628 sq ft
Parking Spaces47
Parking TypeNone
Property Tax$14,664.73/yr
Days on Market6
Listed2026-04-30
CommunityDowntown
MunicipalityNiagara
Cross StreetLYMAN/RAYMOND

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May 2026

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Listing provided by COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

Based on information from the Toronto Regional Real Estate Board (TRREB). All information deemed reliable but not guaranteed and should be independently verified. The accuracy of information is not guaranteed, has not been verified, and does not constitute professional advice.

IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing or renting.

Sold and leased listing data is provided under the Virtual Office Website (VOW) data feed and is available only to registered users who have agreed to the Terms of Use. This data is for personal, non-commercial use only and may not be copied, redistributed, or retransmitted.

MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

This listing content is not intended to solicit properties already listed for sale or individuals who are currently under contract with a brokerage.

Data last updated: May 15, 2026 at 03:42 p.m.

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16-22 LYMAN Street