196-198 Queen Street
St. Marys, ON
- 7,062 sqft
- Commercial Retail
- 109 days on market
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.
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Listing Details
- Taxes (2025)
- $7,410
- Listed
- May 22, 2026
Price History
Listing history
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Property
- Lot Size
- 46.15 x 100 Feet
Parking
- Garage
- Other
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Queen St E & Peel St S
- Zoning
- C1
- Parcel Number
- 532490006
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Service Related
Included
- Exclusions
- Tenant Belongings
Community
Postal area N4X
- Population
- 9,946
- Private dwellings
- 4,195
- Median age
- 47.6
- Average household size
- 2.4
- Median household income
- $89,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in St. Marys · last 12 months
- Median sold price
- $550,500
- Homes sold
- 107
- Median days on market
- 47
- Sale-to-list price
- 96.3%
Based on 107 recorded sales of commercial properties in St. Marys over the last 12 months.
Listed by
SUTTON GROUP - SELECT REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
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Commercial figures
- Building area
- 7,062 sq ft
- Price per sq ft
- $171.34
- Annual property tax
- $7,410
- Tax per sq ft
- $1.05
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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