For Sale

198 WATER Street, St. Marys, Ontario N4X 1C5

$0

198 WATER Street, St. Marys, Ontario N4X 1C5 is For Sale and has a listing price of 699,900. The property is located in the St. Marys . It's been on the website for 20 Days.

  • Duplex
    Property Type
  • 4
    Bedrooms
  • 2
    Bathrooms
  • Parking
  • MLS ID: X12391525
  • Office Name RE/MAX A-B Realty Ltd
Property Description

Located along the scenic Thames River and picturesque river walkway, 198 Water Street South is a fully renovated duplex offering a wealth of opportunity. Situated on an expansive 100 ft x 200 ft lot, this property features two self-contained 2-bedroom, 1-bathroom units, each with separate hydro, water, kitchen, and laundry hookups. Extensive renovations were completed throughout, including all-new electrical wiring, upgraded breaker panels, and interconnected smoke/CO detectors. The plumbing has been replaced from the new meters throughout both units along with all new drywall with proper fire separation and rated assemblies. Additional improvements include new windows, new steel entry doors, fresh trim and flooring, new kitchens, tiled showers, bathroom fixtures, doors, hardware, shelving and upgraded insulation. Exterior improvements include a new rear deck, siding, and gravel driveway. The property also boasts a unique dual-purpose garage, half enclosed, half open, and a charming two-story stone barn/garage accessed from the rear laneway. Just a short walk to downtown shops, restaurants, and amenities, this turnkey investment is ideal for those seeking a low-maintenance income property or a multigenerational living option in a prime location. Click on the virtual tour link, view the floor plans, photos and YouTube link and then call your REALTOR to schedule your private viewing of this great property!

Property Details
  • Bedrooms: 4
  • MLS ID: X12391525
  • Bathrooms: 2
  • Price: $699,900
  • Lot Depth: 199.54
  • Transaction Types: For Sale
  • Ref ID: X12391525
  • Year Built: N/A
  • Approx Sqft: 1500-2000
  • Dir / Cross St: Thames Ave and Park Street
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 100+
  • Property Type: Duplex
  • Property Type: All Houses
  • Property Sub Category: Duplex
Price History
List Date MLS ID List Price Status End Date Closed Price
09/09/2025 X12391525 $699,900 For Sale - -
06/06/2024 X10781098 $437,500 For Sale $342,100
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
St. Marys
  • $661,608 Average List Price
    based on 1 year
  • 37 New Listings
    based on 30 days
  • 129 Median Days on Market
    based on 1 year
  • List vs. Selling Price 53.91 % Up
  • Sold (12mo) 88
  • Rented (12mo) 11

  • 1 Month Change +3.9%
  • 3 Month Change +6.8%
  • 6 Month Change -14.5%
Walkscore
Property Type Distribution
  • All Houses
    79.57%
  • Commercial
    9.76%
  • Condo
    10.09%
  • Land for Sale
    0.58%
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 1 1/2 Storey
  • Washroom Type1: 1
  • Garage Type Detached
  • Parking Spaces: 4
  • Exterior Vinyl Siding
  • Kitchen 2
  • Parking Y
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 2: 1
  • Taxes: $3,714
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 09/09/2025 15:59:47
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