69 Water Street S St. Marys, Ontario N4X 1A3
$915,000
A solid brick fourplex offering a reliable income stream with significant upside potential. The property includes two main-floor one-bedroom units, each featuring in-suite laundry, a bright rear sunroom, and access to a private deck. At the back of the property you'll find dedicated parking for tenants, along with a small storage shed.The upper units span the second and third storeys and each provides three bedrooms, in-suite laundry, and its own forced-air gas furnace and central air system. All four units are separately metered for water, gas, and hydro, making ongoing management straightforward.The building has been well cared for, highlighted by a durable steel roof. Two hot water heaters are owned and two are on rental agreements through Reliance. All tenants have been long-term, with room for rent growth over time.This is a strong opportunity to add a stable and well-structured multi-residential asset to your portfolio in a desirable small-town setting. (id:50886)
Property Details
| MLS® Number | X12555116 |
| Property Type | Multi-family |
| Community Name | St. Marys |
| Equipment Type | Water Heater - Gas, Water Heater |
| Features | Flat Site |
| Parking Space Total | 4 |
| Rental Equipment Type | Water Heater - Gas, Water Heater |
| Structure | Porch, Shed |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 8 |
| Bedrooms Total | 8 |
| Amenities | Separate Electricity Meters, Separate Heating Controls |
| Basement Development | Unfinished |
| Basement Type | Partial (unfinished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 2,500 - 3,000 Ft2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 150 Ft |
| Size Frontage | 49 Ft ,6 In |
| Size Irregular | 49.5 X 150 Ft |
| Size Total Text | 49.5 X 150 Ft |
Utilities
| Cable | Installed |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/29114106/69-water-street-s-st-marys-st-marys
Contact Us
Contact us for more information
Cory Mcarthur
Salesperson
(519) 667-1800
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November 20 2025 02:22:46
London and St. Thomas Association of REALTORS®
RE/MAX Centre City Realty Inc.