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St. Marys, ON N4X1C9 119 Water Street S

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Presented By: REAL BROKER ONTARIO LTD.
  • MLS# X12872080
  • 03/11/2026
  • Request Tour
  • Request Info
  • SQFT • 1,986

Home Details

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.
Presented By: REAL BROKER ONTARIO LTD.

Interior Features for 119 Water Street S

Bedrooms

Bedrooms

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Elevator?No
Fireplace Y/NNo
Heating Y/NNo

General for 119 Water Street S

Attached Garage No
Building Area UnitsSquare Feet
Business TypeOther
CitySt. Marys
CoolingYes
CountyPerth
ExpensesEstimated
Garage Y/NNo
Heater TypeElectric Forced Air
Insurance Expense1800.0
Legal DescriptionLOT L EAST SIDE WATER ST PLAN 235 ST MARYS; PT LOT B EAST SIDE WATER ST PLAN 235 ST MARYS AS IN R350656 ; ST MARYS
Lot Depth158.0
Lot Size UnitsFeet
New ConstructionNo
Occupancy TypeTenant
Parking Spaces 3
Property Attached Y/NNo
Property SubtypeOffice
Property TypeCommercial
Security FeaturesNo
Senior Community Y/NNo
SewerNone
Standard StatusActive
StatusNew
Tax Annual Amount6175.0
Tax Assessed Value267000
Tax Year2025
UtilitiesAvailable

Exterior for 119 Water Street S

Building Area Total1986.0
Garage TypeDouble Detached
Lot Size SourceGeoWarehouse
SpaNo
Waterfront Y/NNo

Additional Details

Price History

Noereyl Joy Rivera

Price $565,000
MLS#X12872080
List Date 03/11/2026
Property Type Commercial
Phone
Request Tour
Request Info

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