Apartment buildings for sale in Kitchener–Waterloo–Guelph

196-198 Queen Street E, St. Marys

2 to 5 units
Listed by SUTTON GROUP - SELECT REALTY
Updated September 17, 2026
$1,149,000
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Details from the listing

Property taxes$7,410 (2025)
Lot size46.15 × 100 ft
Total area2,927 sq. ft.
OccupancyTenant
HeatGas Forced Air Closed

From the listing

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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Listings refreshed September 21, 2026 at 6:47 p.m. ET