$378,000
197 Jones Street W, St. Marys, ON N4X 0A6


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St. Marys, ON N4X 1C5
4 Bed · 2 Bath · Duplex
MLS #X12391525
Sold on February 17, 2026
February 17, 2026
Originally listed at $685,000 135 days on market
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!
Bedrooms
4
Bathrooms
2
Square Feet
1500-2000 sqft
Property Type
Duplex
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| Name | Size (m) | Size (ft) | Features |
|---|---|---|---|
| Bathroom(Main) | 3.12 x 2.53 | 10.2 x 8.3 | - |
| Bedroom(Main) | 3.12 x 4.3 | 10.2 x 14.1 | - |
| Bedroom(Main) | 4.03 x 2.56 | 13.2 x 8.4 | - |
| Kitchen(Main) | 2.71 x 4.1 | 8.9 x 13.5 | - |
| Living Room(Main) | 5.35 x 4.2 | 17.6 x 13.8 | - |
| Laundry(Main) | 2.36 x 2.32 | 7.7 x 7.6 | - |
| Dining Room(Main) | 1.93 x 4.1 | 6.3 x 13.5 | - |
| Bathroom(Second) | 2.25 x 1.59 | 7.4 x 5.2 | - |
| Bedroom(Second) | 3.03 x 2.54 | 9.9 x 8.3 | - |
| Bedroom(Second) | 4.11 x 2.37 | 13.5 x 7.8 | - |
| Kitchen(Second) | 3.03 x 2.99 | 9.9 x 9.8 | - |
| Living Room(Second) | 4.12 x 3.13 | 13.5 x 10.3 | - |
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Complete transaction history for this property
Sold: Aug 29, 2024
$342,100
-$95,400 (-21.8%)
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Original List Price
$685,000
Listed on Sep 8, 2025
Sold Price
$665,000
Sold on Feb 17, 2026
-$20,000
-2.9%
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Your Agent
Broker of Record
PREMIER MATRIX REALTY LTD. BROKERAGE
See the comparable sold, tax-matched, and currently-competing listings for 198 WATER Street S.
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Contact OVAIS QASSIM
198 WATER Street S, St. Marys, ON N4X 1C5 is a 4-bedroom, 2-bathroom 1 1/2 storey duplex with approximately 1500-2000 square feet of living space, situated on a 99 200 foot lot. This property is currently sold (sold for $665,000). The home features a detached garage and a unfinished, partial basement basement, built approximately 100+ years ago.
This home is located in St. Marys, part of St. Marys in the Perth area. Explore more homes for sale and recently sold properties in this neighbourhood.
Whether you are looking to buy, sell, or lease in St. Marys, our team of experienced real estate professionals can help you navigate the market and find the perfect home. Contact us today for a free consultation.
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