Charming, Character-Filled Duplex in St. marys

187 Water St S, St Marys | $695,000

Up/Down Duplex | Two 2 bedroom Units | close to downtown

Discover the timeless appeal of this up/down duplex, a beautifully maintained yellow-brick, 2-storey home just steps from downtown St. Marys, the scenic GTT walking path, and numerous amenities. This home showcases rich character, from its stately 10-foot ceilings and original millwork to the charming stained-glass windows that adorn its solid structure.

Each unit boasts a separate entrance, ensuring privacy for tenants or owners alike. Major updates provide peace of mind, including a roof replaced just six years ago, a nine-year-old furnace, and updated windows throughout. Each unit has separate hydro meters, and with an owned hot water heater, all big-ticket items are taken care of.

A fully detached 1.5-car garage completes this property, adding valuable storage or parking space. Whether you’re an investor seeking a solid duplex for your portfolio or a first-time homebuyer looking to offset your mortgage by renting one unit, this property is a versatile opportunity ready to meet your needs.

Don’t miss your chance to own this charming duplex with character, convenience, and potential.

 

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Key Features:

  • Prop. Tax : $3,426.13 (2024)

  • Duplex (Two 2 bed units)

  • In Suite Laundry

  • Separate Hydro Meters

  • Owned Water Heaters

  • Top Unit: Vacant - Market Rent = $1,300

  • Lower Unit: $1,100/Month + utilities

Key Updates:

  • Shingles: 6 years old

  • Furnace: 9 years old

  • Updated Vinyl Windows

  • Owned Hot Water Heaters