196-198 Queen Street, St. Marys, ON

$1,210,000
MLS#:X13163462
0 beds
0 baths
Commercial
Loading property media...

Description

Property Highlights

Welcome to this remarkable [] investment located in the coveted neighborhood of St. Marys. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,210,000 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.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 46.15 x 100 ft lot size
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • Convenient other garage included
  • equipped with ["partial"] central cooling and highly efficient gas forced air closed heating

Located in a prime high-visibility location in the heart of downtown St. Marys, this fully tenanted 7,000+ sq. ft. mixed-use commercial building offers a strong investment opportunity with multiple income streams already in place. With excellent exposure and a central downtown presence, the property is well positioned for long-term growth and stability. The main level features a spacious commercial unit complete with separate utilities, two bathrooms, and a lunchroom/office area. The upper level includes four two-bedroom, one-bathroom apartments, with two recently renovated, adding to the property's overall appeal. At the rear lower level, a large heated garage with bathroom facilities, generating additional commercial income. Common areas have been recently updated and well maintained, showcasing pride of ownership throughout. A turnkey investment opportunity offering strong visibility, a fully occupied tenant mix, and dependable income in a thriving downtown community. Financial information available upon request.

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Key Features

Property Type
Commercial

Additional Details

StatusActive
Listed Date5/22/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeInvestment
Lot Size46.15 × 100 Feet
CountyPerth
Annual Tax$7,410
Legal DescriptionPT LOT 15 S/S QUEEN ST PLAN 225 ST MARYS PT 3, 44Rl600, T/W Rl25171, SAVE AND EXCEPT THE RlGHT OF WAY 1N R309608 OVER PT 2, 44Rl600; ST MARYS

Parking & Garage

Garage TypeOther

Heating & Cooling

Heat TypeGas Forced Air Closed
Cooling["Partial"]

Features

Property Features

Community Features

Location

Initializing map...
196-198 Queen Street, St. Marys, ON
Loading local market trends...

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 196-198 Queen Street E, St. Marys, ON N4X 1B1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...
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$968,000
Monthly Mortgage$5,624
Property Tax (Est.)$618
Utilities & Maint.$350
Total Monthly Cost$6,592

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.

Professional Advisory Access

Nearby Listings

Distance:

No current listings found in St. Marys.