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$1,149,000

Map

196-198 Queen Street East

St. Marys, Ontario N4X1B1

For sale· Added

7,062 sqft

About this property

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.

Location

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Property details

Listing

MLS® number
X13161272
Added
May 22, 2026 ()
Updated
Sep 17, 2026 ()
Info refreshed

Overview

Property type
Retail

Inside

Heating
Forced air, Natural gas
Cooling
Partially air conditioned
Fireplace
No

Building

Parking
Other

Land

Lot size
46.15 x 100 ft
Zoning
C1

Services

Water
Municipal water

Location

Cross streets
Queen St E & Peel St S
Directions
On the South side of Queen Street across from Tim Hortons.

Running costs

Annual property tax
$7,410

Price history

Sep 17, 2026$1,149,000▼ $61,000
Sep 15, 2026$1,210,000First recorded price

Price changes since Sep 15, 2026.

Ask about this property

$1,149,000
196-198 Queen Street East
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