For Sale

119 Water Street, St. Marys, Ontario N4X 1C9

$565,000

119 Water Street, St. Marys, Ontario N4X 1C9 is For Sale and has a listing price of 565,000. The property is located in the St. Marys . It's been on the website for 55 Days.

  • Office
    Property Type
  • MLS ID: X11888050
  • Office Name REAL BROKER ONTARIO LTD.
Property Description

Discover a fantastic investment opportunity at 119 Water Street South, St. Marysa well-maintained commercial property offering a blend ofbusiness and residential income streams in a prime location. This tenanted building features a thriving main-floor business and two one-bedroomapartments above, making it a versatile, turn-key investment with excellent potential for income growth. The property boasts ample parkingoptions, including three garage spaces and surface parking for up to 11 cars, providing convenience for tenants and their patrons. Located in ahigh-visibility area of St. Marys, the building benefits from its strategic location, ensuring consistent foot traffic and exposure for the commercialtenant, while being equally convenient for the residential tenants. Both apartments above the commercial space are well-kept, offeringcomfortable living quarters with a steady rental income. The building has been thoughtfully maintained, with long-term tenants who take pride intheir spaces. Whether you’re a seasoned investor or new to the market, this property represents a hassle-free addition to your portfolio, offeringimmediate 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. The demand for mixed-use buildings in such well-situated areas continues to rise, and theability to attract quality tenants ensures that this property remains a reliable income generator. With the groundwork already in place and roomto increase revenues, this is your chance to acquire a lucrative investment property thats ready to perform from day one. Don’t miss this uniqueopportunity to own a well-maintained, versatile commercial and residential property in the heart of St. Marys.

Property Details
  • MLS ID: X11888050
  • Price: $565,000
  • Lot Depth: 158
  • Transaction Types: For Sale
  • Ref ID: X11888050
  • Year Built: N/A
  • Dir / Cross St: Queen Street E. to Water Street
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 100+
  • Property Type: Office
  • Property Type: Commercial
  • Property Sub Category: Office
Price History
List Date MLS ID List Price Status End Date Closed Price
12/10/2024 X11888050 $565,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
St. Marys
  • $681,196 Average List Price
    based on 1 year
  • 3 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 49.14 % Up
  • Sold (12mo) 44
  • Rented (12mo) 5

  • 1 Month Change +24.3%
  • 3 Month Change -19.9%
  • 6 Month Change -10.6%
Walkscore
  • 70 Walk Score
    Very Walkable
  • 50 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    79.94%
  • Commercial
    9.83%
  • Condo
    9.54%
  • Land for Sale
    0.68%
Additional Details
  • Heat Type Y
  • Garage Type Double Detached
  • Parking Spaces: 11
  • Taxes: $6,384
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 10/12/2024 18:29:32
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