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Home · Buy · St. Marys · 119 Water Street S, St. Marys, ON N4X 1C9
119 Water Street S, St. Marys, ON N4X 1C9
119 Water Street S, St. Marys, ON N4X 1C9
119 Water Street S, St. Marys, ON N4X 1C9
119 Water Street S, St. Marys, ON N4X 1C9
119 Water Street S, St. Marys, ON N4X 1C9+ 24 photos
For Sale · Office

119 Water Street S, St. Marys, ON N4X 1C9

St. Marys · St. Marys
◷188 days on market
Double Detached · 3 driveway · 3 total garage
▶ Virtual Tour
—
Beds
—
Baths
3
Parking
1986 sq ft
Sq ft
—
Built

About this home

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.

Property details

Listed on
March 11, 2026
Days on market
188 days
Property tax
$6,175 (2025)
Lot
70.5 × 158 Feet
Heating
Electric Forced Air
Cooling
Yes
MLS®
X12872080

Full details

Parking
GarageDouble Detached
Driveway3
Total parking3

Property & sold history

Listing history
Date StartDate EndPriceStatusListing ID
March 11, 2026—$565,000For SaleX12872080
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Comparables

Gathering recent comparable sales nearby…

Run the numbers

True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
This price requires at least 5.6% down (5% on the first $500K, 10% above).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$7,775
Legal · title · inspection$2,800
Closing costs$10,575
Down payment$113,000
Total cash to close$123,575
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
$565,000
MLS® X12872080 · Listed by REAL BROKER ONTARIO LTD.
▶ Virtual Tour
Call The Renavu Team
Shan Perinpanathan
Shan Perinpanathan
Real Estate Broker, ABR, SRS
416.655.4040
Pam Thiyagarajah
Pam Thiyagarajah
Sales Representative
416.436.0546
Ragu Rajaguru
Ragu Rajaguru
Real Estate Broker
416.712.2006
One team. No spam. We reach out once — when you ask.

Listing courtesy of REAL BROKER ONTARIO LTD.. Presented by Royal LePage Ignite Realty, Brokerage. Data provided by TRREB — deemed reliable but not guaranteed; for consumers' personal, non-commercial use. Listing information last updated August 19, 2026.

$565,000

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