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

St. Marys, ON

St. Marys, ON

$1,149,000
2,927 sqft
Selling
Added 1 week ago
1 View
Overview
Square: 2,927 sqft
MLS Number: X13163462
Listing Brokerage: SUTTON GROUP - SELECT REALTY
Co-Listing Brokerage: SUTTON GROUP - SELECT REALTY
Listed On: May 22, 2026 (158 days ago)
Last Updated: Sep 17, 2026 (40 days ago)

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

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.
This Investment located at 196-198 Queen Street E, St. Marys, ON N4X 1B1 is currently for sale and has been available at Kash Invest for 158 days. This property, in the city of St. Marys and St. Marys neighborhood, is listed at $1,149,000 with an estimated mortgage of $5,374* per month. It has an area of 46.15x100 sqft with 0 beds and 0 BR. Waterfront Communities C1, Weston and Bradford are nearby neighbourhoods.

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Facts and Features
Property
Status: Active
Property Type: Commercial
Property Sub Type: Investment
Transaction Type: For Sale
Assesment Year: 2025
Area: Perth
Community: St. Marys
Occupant Type: Tenant
Possession Type: Flexible
Cross Street: Queen St E & Peel St S
Listed On: 2026-05-22
Last Modified: 2026-09-17
MLS Number: X13163462
Listing Brokerage: SUTTON GROUP - SELECT REALTY
Co-Listing Brokerage: SUTTON GROUP - SELECT REALTY
Inside
Air Conditioning: Partial
Heating: Gas Forced Air Closed
Building
Building Area Total: 2927
Building Area Units: Square Feet
HST Application: In Addition To
Parking
Garage Type: Other
Financial
Tax Annual Amount: 7410
Tax Year: 2025
Tax Legal Description: PT 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
Land
Frontage: 46.15
Lot Depth: 100
Lot Size Units: Feet
Lot Size Source: MPAC
Lot Type: Lot
Directions: On the South side of Queen Street across from Tim Hortons
Parcel Number: 532490006
Roll Number: 311600006000400
Cross Street: Queen St E & Peel St S
Commercial General
Property Use: Apartment
Business Type: Apts - 2 To 5 Units
Contract Status: Available
Free Standing: Yes
Tax Type: Annual
Utilities: Available
Price Unit: For Sale
List AOR: London and St. Thomas Association of REALTORS
Showing Requirements: Showing System
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196-198 Queen Street E, St. Marys, ON N4X 1B1 is a investment, commercial development located at 196-198 Queen Street E, St. Marys, ON N4X 1B1.

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