100 Queen Street E
100 Queen Street E
$1,099,000
$289/sq ft · 198 days on market
About This Listing
Turnkey mixed-use investment opportunity in the heart of downtown St. Marys. This fully tenanted property features a main-level national retail tenant under a long-term lease, providing stable and predictable income. The upper level includes a fully renovated 2-bedroom residential unit currently operating as a short-term rental, with flexibility for continued use, long-term tenancy, or owner occupancy (subject to applicable regulations). Additional unfinished space offers the potential to create a one-bedroom residential unit (buyer to verify), providing an opportunity to increase future income. Located on a prominent corner lot in the downtown core, the property benefits from strong visibility, walkability, and year-round tourism activity that supports rental demand. Approximate 4.5% cap rate with upside potential. Financial details available upon request for pre-qualified buyers. Please do not go direct. Contact your REALTOR for more information.
| Monthly Mortgage (P&I) | $4,788 |
| Property Tax (MLS) | $480 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $5,268 |
Down payment: $219,800 (20.0%) · Mortgage: $879,200
Property tax uses MLS annual tax of $5,758/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Queen Central Condos
Red Bricks Databy Parallax Development Corporation, Harlo Capital · 100 Queen Street East
Maint. Fees
0.69
Parking
$98,000
Locker
$6,000
Occupancy
2026
Listing provided by Sutton Group - First Choice Realty Ltd.
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Data last updated: August 23, 2026 at 10:26 a.m.