$1,210,000
FOR SALE

Commercial/Retail

Lot: 46.15 x 100 ft
2025 Taxes: $7,410

196-198 Queen St E
St. Marys, ON N4X 1B1 | Perth

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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Listed By SUTTON GROUP - SELECT REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13161272
Last Updated May 22, 2026
Property Summary
Property Type Commercial/Retail

More like this:
Use Service Related
PIN 532490006
Legal Description PT LOT 15 S/S QUEEN ST PLAN 225 ST MARYS PT 3, 44Rl600, T/W Rl25171, SAVE AND EXCEPT THE RlGHT OF WAY 1N R309608 OVER PT 2, 44Rl600; ST MARYS
Possession Date Flexible
Taxes (2025) $7,410
Directions/Cross Streets Queen St E & Peel St S
Neighbourhood St. Marys
Area Perth
Price History

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Detailed Information
Freestanding Y
Lot 46.15 x 100 ft
Air Conditioning Partial
Basement Basement
Garage Type Other
Heat Type Gas Forced Air Closed
Sewers Sanitary+Storm

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