Home ›Listings ›St. Marys ›X13163462

196-198 Queen Street St. Marys ON

📍 St. Marys, Ontario N4X 1B1

$1,210,000

Active
46.15×100LOT (FT)

📋 Listing Highlights

StatusActive
MLS®X13163462
ListedMay 22, 2026
Days on Market—
Property TypeCommercial
StyleInvestment
Cross StreetQueen St E & Peel St S
PossessionFlexible

📝 Listing Description

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.

🏠 Property Details

Property TypeCommercial
StyleInvestment

📐 Lot & Land

Lot Width46.15 ft
Lot Depth100 ft
Cross StreetQueen St E & Peel St S

🔧 Building & Utilities

HeatingGas Forced Air Closed
CoolingPartial
GarageOther

💰 Financial

List Price$1,210,000
Annual Taxes$7,410 (2025)
PossessionFlexible

🧮 Mortgage Calculator

$242,000
Est. Monthly Payment
$5,944/mo
Principal: $968,000 · P+I only
Does not include taxes, insurance or CMHC

📍 Location

Listing provided by SUTTON GROUP - SELECT REALTYData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X13163462 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.