481 Queen Street, St. Marys, ON

$515,000
MLS#:X12116102
2 beds
1 baths
700-1100 sqft
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on May 16, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of St. Marys. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $515,000 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 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 49.5 x 150 ft lot
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: Water Heater, Water Softener
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 481 Queen Street East a beautifully renovated home nestled on a deep, private lot in one of St. Marys most established neighbourhoods. Thoughtfully redesigned in 2019, this home was taken back to the studs and completely rebuilt with new wiring, plumbing, furnace and A/C, siding, roof, and windows offering the peace of mind of a modern build with the character of an older home.Inside, youll find a bright, open-concept main floor featuring wide-plank flooring, a spacious living and dining area, a tastefully updated kitchen, a full bathroom, and a convenient main-floor laundry room all designed for comfort and easy day-to-day living. Upstairs, two cozy bedrooms provide just the right amount of space, making this home perfect for first-time buyers or those looking to simplify their lifestyle without sacrificing quality.Step outside to your own backyard retreat, complete with a large covered deck, lower-level flagstone patio, and mature trees ideal for relaxing, gardening, or entertaining. The oversized lot offers space to roam, yet requires minimal upkeep.Located just minutes from downtown shops, schools, parks, and walking trails, this move-in ready home is a rare find for those seeking turnkey living in a quiet, welcoming community. Whether you're just starting out or looking to downsize in style, 481 Queen Street East delivers comfort, function, and lasting value.

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Property Summary

This detached home located at 481 Queen Street, St. Marys is currently for sale and has been available on SousaSells for 443 days. This property is listed at $515,000 with an estimated mortgage of $1,714* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 481 Queen Street, St. Marys is in the St. Marys neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 16, 2025
Sold price information is available to members only
Listed Date5/1/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionVinyl Siding
BasementUnfinished
Lot Size49.5 × 150 Feet
CountyPerth
Annual Tax$3,866
Legal DescriptionLOT 1 NORTH SIDE QUEEN ST (PK LOT 2) PLAN 221 ST MARYS ; ST MARYS

Parking & Garage

Parking Total6.0
Parking Space6
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Water Heater, Water Softener

Security Features

Community Features

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Location

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481 Queen Street, St. Marys, 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 481 Queen Street E, St. Marys, ON N4X 1B5

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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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in St. Marys.

Configure Loan Settings

Interest Rate4.00%
Down Payment$154,500 (30.0%)
* Minimum Canadian down payment required for this price is $26,500.
Amortization Period30 Years
Estimated Monthly Payment$1,714Based on a loan of $360,500 over 30 years.
Purchase Price$515,000
Loan Amount$360,500
Provincial Land Transfer Tax:$6,775
Total Estimated Closing Taxes:$6,775

About Purchasing a Home in St. Marys, ON

For a property listed at $515,000 in St. Marys, the legal minimum down payment is $26,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,775 for this transaction. As this listing is in St. Marys (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,775.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for St. Marys, St. Marys.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$659,485

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Holy Name of Mary
Public161 Peel Street North, St. Marys, Ontario, N4X 1B2
5.9
Little Falls
Public25 Lindsay Atkinson Drive, St. Marys, Ontario, N4X 1B6
7.0
South Perth Centennial
Public1866 Perth Road 163, St. Marys, Ontario, N4X 1C4
7.5

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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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.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.