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

$1,210,000 /For Sale
Commercial

Main Photo: 196-198 Queen Street E: St. Marys Commercial for sale : MLS®# X13163462
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
X13163462
Bus Major:
Apts - 2 To 5 Units
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 Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
2927 sq. ft. Square Feet
Total Area:
2,927 sq. ft.
Lot Depth:
100'
Lot Frontage:
46'1¾"
Lot Shape:
Rectangular
Water supply:
Municipal
Zoning:
C1
Heating type:
Gas Forced Air Closed
Garage:
Other
Possession Details:
Flexible
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$7,410 / 2025
Assessment:
$- / 2025
Perth
St. Marys
St. Marys
Tenant Belongings
Utilities:
Available
Air Conditioning:
Partial
Seller Property Info Statement:
No
Major Business Type:
Apts - 2 To 5 Units
Category:
Apartment
Date Listed:
May 22, 2026
Original Price:
Previous Price:
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Listed by SUTTON GROUP - SELECT REALTY
Data was last updated May 23, 2026 at 04:15 AM (UTC)
DARYL  KING
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2. What should I consider before buying an apartment building?
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