119 Water St S is an office in St. Marys, listed for $565,000.
1Discover a fantastic investment opportunity at 119 Water Street South, St.
2The property boasts ample parking options, including three garage spaces and surface parking for up to 11 cars, providing convenience for tenants and their patrons.
3Both apartments above the commercial space are well-kept, providing comfortable living quarters with steady rental income.
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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Commercial Property in St. Marys
About 119 Water Street South
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.
St. Marys office priced at $565,000 — book a tour to see if it fits your search.
Inside 119 Water St S
Every detail from the listing, in one place.
Type
Office
Features & systems
Lot & land
Lot size (sqft)
10623.97
Listing & possession
Property class
Office
119 Water St S Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X12872080$565,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 119 Water St S Compares to the St. Marys Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 119 Water St S
Homes for sale in St. Marys
Every active St. Marys MLS® listing, updated all day.
Average days on market72Homes sold in about 72 days on average.
Sale-to-list ratio97.4%On average, homes sold below asking.
Active listings65Homes for sale here right now.
Median vs prior 90 days−3.4%Compared with May 6 – Aug 4, 2026: prices down.
Based on 36 sales from Aug 4 – Nov 2, 2026 (40 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 119 Water St S
How much is 119 Water St S listed for?
119 Water St S is listed at $565,000 (MLS® X12872080). Summitly updates the price as soon as the MLS® record changes.
Has the price of 119 Water St S changed?
No — 119 Water St S is still listed at its original asking price of $565,000.
How many bedrooms and bathrooms does 119 Water St S have?
The listing for 119 Water St S doesn't publish its bedroom and bathroom count. It is a commercial property in St. Marys.
How does 119 Water St S compare with other homes in St. Marys?
Its asking price of $565,000 is about 4% above the median sold price in St. Marys over the last 90 days, $545,500, across 36 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 119 Water St S been sold before?
Summitly has no earlier MLS® sale or lease of 119 Water St S on record from the last two years. Older records aren't shown under TRREB rules.
Where is 119 Water St S?
119 Water St S is in St. Marys, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 119 Water St S been on the market?
236 days — 119 Water St S was listed on March 11, 2026.
What is the land transfer tax on 119 Water St S?
About $7,775 in Ontario land transfer tax at the asking price of $565,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 119 Water St S or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 119 Water St S?
The listing for 119 Water St S doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for St. Marys.
When was 119 Water St S built?
The listing for 119 Water St S doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
