$1,210,000
Available - For Sale
Listing ID: X13163462
196-198 Queen Street East , St. Marys, 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. |
| Price | $1,210,000 |
| Taxes: | $7410.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 196-198 Queen Street East , St. Marys, N4X 1B1, Perth |
| Postal Code: | N4X 1B1 |
| Province/State: | Perth |
| Legal Description: | PT LOT 15 S/S QUEEN ST PLAN 225 ST MARYS |
| Directions/Cross Streets: | Queen St E & Peel St S |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - 2 To 5 Units |
| Building Percentage: | T |
| Total Area: | 2927.00 |
| Total Area Code: | Square Feet |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Partial |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| SUTTON GROUP - SELECT REALTY |
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Hamid-Reza Danaie
Broker
Dir:
416-904-7200
Bus:
905-889-2200
Fax:
905-889-3322
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At a Glance:
| Type: | Com - Investment |
| Area: | Perth |
| Municipality: | St. Marys |
| Neighbourhood: | St. Marys |
| Tax: | $7,410 |
| Fireplace: | N |
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