196-198 Queen Street, St. Marys, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of St. Marys. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,210,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 46.15 x 100 ft lot size
- Convenient other garage included
- equipped with partial central cooling and highly efficient gas forced air closed heating
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.
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Property Summary
This commercial retail located at 196-198 Queen Street, St. Marys is currently for sale and has been available on SousaSells for 110 days. This property is listed at $1,210,000 with an estimated mortgage of $4,028* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 196-198 Queen Street, St. Marys is in the St. Marys neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in St. Marys, St. Marys.
- •Desirable Commercial Retail architecture in St. Marys, St. Marys
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
- No
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Frequently Asked Questions about 196-198 Queen Street, St. Marys, ON
Q.What is the asking price for 196-198 Queen Street, St. Marys, ON ?
The current listing price for 196-198 Queen Street, St. Marys, ON in St. Marys, St. Marys is $1,210,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and null bathrooms.
Q.What property type and architectural style is 196-198 Queen Street, St. Marys, ON ?
196-198 Queen Street, St. Marys, ON is a Commercial Retail () featuring a basement.
Q.What security features are installed at 196-198 Queen Street, St. Marys, ON ?
Security features include: No.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via Partial.
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St Marys, St Marys
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 196-198 Queen Street E, St. Marys, ON N4X 1B1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in St. Marys, ON
For a property listed at $1,210,000 in St. Marys, the legal minimum down payment is $242,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $20,675 for this transaction. As this listing is in St. Marys (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $20,675.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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