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Listed price in listed location currency (CAD).
$565,000

0014

MLS® 40810743

Overview

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $6,384
Days Active 104
Lot Size 
Approx. Age 1900
MLS® Number 40810743

Property Address: 119 Water St S, Saint Marys, ON, N4X0B5

Average square foot calculated using Size range provided by listing agent.

Description

Discover a fantastic investment opportunity at 119 Water Street South, St. Marys—a well-maintained commercial property featuring a blend of business and residential income streams in a prime location. This tenanted building includes a thriving main-floor business and two one-bedroom apartments above, making it a versatile, turn-key investment with excellent potential for income growth. The property boasts ample parking options, including three garage spaces and surface parking for up to 11 cars, providing convenience for tenants and their patrons. Located in a high-visibility area, the building benefits from its strategic setting, ensuring consistent foot traffic and exposure for the commercial tenant, while remaining equally convenient for the residential tenants. Both apartments above the commercial space are well-kept, providing comfortable living quarters with steady rental income. The building has been carefully maintained, with long-term tenants who take pride in their spaces. Whether you're a seasoned investor or new to the market, this property represents a hassle-free addition to your portfolio, delivering immediate returns and potential for future appreciation. St. Marys is known for its charm, growing community, and vibrant local economy, making it an ideal setting for a property like this. Demand for mixed-use buildings in well-situated areas continues to rise, and the ability to attract quality tenants ensures that this property remains a reliable income generator. With the groundwork already in place and room to increase revenues, this is your chance to acquire a lucrative investment property that’s ready to perform from day one. Don't miss this rare opportunity to own a well-maintained, versatile commercial and residential property.
MLS® Number40810743
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
BasementFull
DrivewayDetached Garage
Garage Spaces
Heat
A/C

Extras

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, For Sale for $565,000

For Sale · 104 days

$565,000

MLS® 40810743

3 months ago

Not Sold Yet

June 2026, Expired for $565,000

Expired · 356 days

$565,000

MLS® 40739448

22 days ago

Canceled on Jun 2, 2026

  • Jun 2, 2026, Expired for $565,000

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