$685,000
5.66 BTC
Photos
Map
198 Water Street, St. Marys
$685,000
PRICE
4
BEDROOMS
2
BATHROOMS
X12391525
MLSID

198 Water Street, St. Marys

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!
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Summary

Address
198 Water Street
Community
MLSID
X12391525
Property Type
Duplex
Property Category
Bedrooms
4
Bathrooms
2
Rooms
11
Kitchens
2
Zoning
FP(R3)
Taxes (Annual)
$3,714.00
Tax Year
2024
Published
September 9, 2025
Days on Market
114 Days
Possession Type
Immediate
Possession Details
Flexible
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Inclusions

None

Details

Bathroom 1
4-Piece Main Level
Bathroom 2
4-Piece Second Level
Basement
Unfinished, Partial Basement
Exterior Features
Deck
Interior Features
Water Heater
Parking Spaces
4
Parking Total
6
Parking Features
Private
Architectural Style
1 1/2 Storey
Roof
Asphalt Rolled, Metal
Construction Materials
Vinyl Siding
Lot Width
99 Feet
Lot Depth
200 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Vacant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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