For Sale: 196-198 Queen Street E, St. Marys, ON - REW
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$1,210,000
0 bd ba 2927 sf Multifamily

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

  • 0 Bed
  • Bath
  • 2927 Sqft
  • Multifamily

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. (id:63626)
Listed by: JON BAKER, Sales Representative, SUTTON GROUP - SELECT REALTY

Home facts and features

Price details
List Price
Gross Taxes for 2025
$7,410
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Depth
100 feet
Frontage
46.1 feet
Heating Type
Forced air, Natural gas
Cooling
Partially air conditioned
Agent details
Primary Agent
JON BAKER
Primary Broker
SUTTON GROUP - SELECT REALTY
Secondary Agent
TAYLOR MAJERLE
Secondary Broker
SUTTON GROUP - SELECT REALTY
Listing details
Days on REW
16 Days
MLS® Number
X13163462
Source
Canadian Real Estate Association
Board
London and St. Thomas Association of REALTORS®
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Holy Name of Mary School
  • Catholic
  • JK - 8
St Mary's School
  • Catholic
  • JK - 8
Little Falls Public School
  • Public
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-06.