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Home ON Perth County St. Marys
198 WATER STREET S
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198 WATER STREET S $685,000
Price Change on 11/25/2025
$685,000
-$14,900
$699,900
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198 WATER STREET S
St. Marys, Ontario N4X1C5

MLS® Number: X12391525
4
Bedrooms
2
Bathrooms
1500 - 2000
Square Feet

Listing 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! (41227370)

Location Description

Cross Streets: Thames Ave and Park Street. ** Directions: On the West side of Water Street between Thames Ave and Park Street.

Property Summary

Property Type
Multi-family
Building Type
Duplex
Storeys
1.5
Square Footage
1500 - 2000 sqft
Community Name
St. Marys
Land Size
99.5 x 199.5 FT|under 1/2 acre
Age Of Building
100+ years
Annual Property Taxes
$3,714
Parking Type
Detached Garage, Garage
Time on REALTOR.ca
97 days

Building

Bedrooms
Above Grade
4
Bathrooms
Total
2
Interior Features
Appliances Included
Water Heater
Basement Type
Partial (Unfinished)
Building Features
Foundation Type
Stone
Rental Equipment
Water Heater
Structures
Deck, Barn
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air (Natural gas)
Utilities
Utility Type
Cable (Available), Electricity (Installed), Sewer (Installed)
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl siding
Parking
Parking Type
Detached Garage, Garage
Total Parking Spaces
6

Measurements

Square Footage
1500 - 2000 sqft

Rooms

MetricImperial
Main level
Bathroom
Bedroom
Bedroom
Kitchen
Living room
Laundry room
Dining room
Second level
Bedroom
Kitchen
Living room
Bathroom
Bedroom

Land

Lot Features
Frontage
99 ft ,6 in
Land Depth
199 ft ,6 in
Other Property Information
Easements
Flood Plain
Zoning Description
FP(R3)
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