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198 WATER Street S — Duplex

Sold

St. Marys, ON N4X 1C5

4 Bed · 2 Bath · Duplex

MLS #X12391525

$665,000

Sold on February 17, 2026

February 17, 2026

Originally listed at $685,000 135 days on market

About This Property

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

Bathrooms

2

Square Feet

1500-2000 sqft

Property Type

Duplex

Style1 1/2 Storey
Approx. Age100+ years
Lot Size99 200 ft
Frontage99.5 ft
Depth199.5 ft
GarageDetached
BasementUnfinished, Partial Basement
CoolingCentral Air
HeatingForced Air
Parking Spaces6
Listed OnSep 8, 2025
MLS Size1500-2000
Property Tax$3,714/year

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Rooms

NameSize (m)Size (ft)Features
Bathroom(Main)3.12 x 2.5310.2 x 8.3-
Bedroom(Main)3.12 x 4.310.2 x 14.1-
Bedroom(Main)4.03 x 2.5613.2 x 8.4-
Kitchen(Main)2.71 x 4.18.9 x 13.5-
Living Room(Main)5.35 x 4.217.6 x 13.8-
Laundry(Main)2.36 x 2.327.7 x 7.6-
Dining Room(Main)1.93 x 4.16.3 x 13.5-
Bathroom(Second)2.25 x 1.597.4 x 5.2-
Bedroom(Second)3.03 x 2.549.9 x 8.3-
Bedroom(Second)4.11 x 2.3713.5 x 7.8-
Kitchen(Second)3.03 x 2.999.9 x 9.8-
Living Room(Second)4.12 x 3.1313.5 x 10.3-

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198 WATER Street S History

Complete transaction history for this property

Sold

Sold: Aug 29, 2024

$342,100

-$95,400 (-21.8%)

Listed: $437,50061 days on marketSale
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Price History

Original List Price

$685,000

Listed on Sep 8, 2025

Sold Price

$665,000

Sold on Feb 17, 2026

-$20,000

-2.9%

135 days on market

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OVAIS QASSIM

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PREMIER MATRIX REALTY LTD. BROKERAGE

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Home Features

Property TypeDuplex
Style1 1/2 Storey
Approx. Age100+ years
Lot Size99 × 200 ft
Frontage99.5 ft
Depth199.5 ft
GarageDetached
BasementUnfinished, Partial Basement
CoolingCentral Air

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About 198 WATER Street S, St. Marys, ON N4X 1C5

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.

St. Marys Neighbourhood

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.

198 WATER Street S, St. Marys, ON N4X 1C5

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