$1,210,000

196-198 QUEEN STREET E, St. Marys, Ontario, N4X 1B1

MLS® # X13163462

St. Marys ON, N4X 1B1

MLS® # X13163462

Property Information:

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:27)

Building Features:

Style: Multiplex
Building Type: Multi-Family
Air Conditioning: Yes
Floor Space: 2927 sqft
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Partially air conditioned

Property Features:

Property Type: Multi-family
Floor Space (approx): 2927 Square Feet
Irregular: Yes
Lot Depth: 100 Feet
Lot Frontage: 46.1 Feet
Lot Size: 46.15 x 100 FT
Zoning: C1
Parking Type: Other

Courtesy of: SUTTON GROUP - SELECT REALTY

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⚠ Potential Investment Performance

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Market Price Trends

Location of 196-198 QUEEN STREET E, St. Marys, Ontario, N4X 1B1

Lifestyle
Neighbourhood

Demographic Information of 196-198 QUEEN STREET E, St. Marys, Ontario, N4X 1B1

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$109,150.98

Average Number of Children

1.65

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.75 %

High school certificate or equivalent

35.88 %

Apprenticeship trade certificate/diploma

3.74 %

College/non-university certificate

23.07 %

University certificate (below bachelor)

0.55 %

University Degree

21.0 %

Commuter

Travel To Work

By Car

90.8 %

By Public Transit

0.0 %

By Walking

5.55 %

By Bicycle

0.0 %

By Other Methods

3.65 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

22.35 %

Houses

77.65 %

Own Vs. Rent