198 WATER STREET S
OnePoint
$685,000
About this residence
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! (id:61366)
Property details
- Property type
- Multi-family
- Style
- Duplex
- Bedrooms
- 4 (4 above)
- Bathrooms
- 2
- Storeys
- 1
- Living area
- 1,500–2,000 sq ft
- Lot size
- 99.5 x 199.5 FT
- Frontage
- 99.6 feet
- Parking
- 6 spaces
- Annual tax
- $3,714
- MLS®
- X12391525
- Board
- OnePoint
- Status
- Inactive
- Listed
- Sep 9, 2025
- Updated
- Nov 25, 2025
Room dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Second level | 4.11 × 2.37 m |
| Kitchen | Second level | 3.03 × 2.99 m |
| Living room | Second level | 4.12 × 3.13 m |
| Bathroom | Main level | 3.12 × 2.53 m |
| Bedroom | Main level | 3.12 × 4.3 m |
| Bedroom | Main level | 4.03 × 2.56 m |
| Kitchen | Main level | 2.71 × 4.1 m |
| Living room | Main level | 5.35 × 4.2 m |
| Laundry room | Main level | 2.36 × 2.32 m |
| Dining room | Main level | 1.93 × 4.1 m |
| Bathroom | Second level | 2.25 × 1.59 m |
| Bedroom | Second level | 3.03 × 2.54 m |
Features & finishes
Appliances
- Water Heater
Heating
- Forced air
- Natural gas
Cooling
- Central air conditioning
Basement
- Partial
- Unfinished
Exterior
- Vinyl siding
Foundation
- Stone
Parking
- Garage
- Detached Garage
Sewer & Utilities
- Sanitary sewer
- Cable
- Electricity
- Sewer
Financing
Estimated monthly payment
$3,204/mo
Loan amount
$548,000
Down payment
$137,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
OnePoint
Frequently asked questions
What is the asking price for 198 WATER STREET S?
198 WATER STREET S is listed for $685,000, in OnePoint.
How many bedrooms and bathrooms does 198 WATER STREET S have?
It offers 4 bedrooms and 2 bathrooms.
What type of home is 198 WATER STREET S?
198 WATER STREET S is a Multi-family, Duplex set over 1 storey.
How large is 198 WATER STREET S?
The home offers approximately 1,500–2,000 sq ft of living space on a lot measuring 99.5 x 199.5 FT.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $3,204. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $3,714 per year.
Is there parking?
Yes — 198 WATER STREET S includes 6 parking spaces.
Similar residences
Comparable Duplex near OnePoint at a similar price.
Private viewings
Arrange a private viewing of 198 WATER STREET S.
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