550 Queen Street, Gananoque, ON

$1,680,000
MLS#:X12100328
5 beds
4 baths
3000-3500 sqft
20.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 05 - Gananoque. Expertly crafted featuring premium brick and wood construction, this residence presents an exceptional opportunity offered at $1,680,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 4 Bathrooms
  • Generous living space spanning 3000-3500 sqft on a premium 955 x 412 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 20.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Carpet Free, Storage
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Imagine owning a slice of paradise in the heart of the Thousand Islands, home to scenic trails, stunning waterfront views, and pristine beaches! Welcome to 550 Queen Street in Gananoque, an over 5000 sq. ft., stunning custom-built waterfront estate for all the seasons on the serene Gananoque River. This expansive 4+1 bedroom home, nestled on a sprawling 4+ acre lot, boasts generously proportioned rooms, providing ample space for every family member to unwind and create lasting memories. With an inviting open-concept design, enjoy seamless flow between the chefs kitchen, dining, and family room. Host unforgettable gatherings on the large patio, or in the expansive 1158 square foot recreation room-ideal for entertaining guests, or enjoying quiet evenings with loved ones. Every window frames picturesque views of your private paradise, inviting you to immerse yourself in nature's beauty. Picture waking up to breathtaking riverfront views, spending sunny afternoons entertaining, unwinding by your inground pool, and enjoying direct waterfront access ideal for boating, fishing, or paddle sports. For those who cherish their hobbies, or need extra space for vehicles, this property boasts 2 garages with over 5 garage parking spaces and a separate workshop-ensuring ample storage solutions tailored to your lifestyle. With its charming locale, the home is conveniently located near all amenities: a stroll downtown, to nearby schools and parks, marina, and a vibrant arts and culture community and scene. This home is perfect for those seeking both tranquility, community, and convenience located within a short driving distance to Ottawa, Kingston, and the GTA. True magic lies in the home's potential: develop, expand, or simply revel in the beauty of your surroundings. Seize this opportunity to own a stunning treasure in eastern Ontario's most stunning waterfront community. Don't just dream it; live it! Experience this stunning property, schedule a visit today, and be captivated.

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Key Features

Bedrooms
5
Bathrooms
4
Kitchens
1
Living Area
3000-3500 sqft
Property Type
Residential Freehold

Additional Details

StatusTerminated
Listed Date4/24/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick, Wood
BasementFinished
Lot Size955 × 412 Acres
CountyLeeds and Grenville
Annual Tax$8,882.72
Legal DescriptionLT 82 W/S STONE ST PL 86; PT LT 81 W/S STONE ST PL 86; PT LT 68 E GANANOQUE RIVER, 79 E GANANOQUE RIVER, 80 E GANANOQUE RIVER BLK V PL 86; PT LT 12 CON 1 LEEDS PTS 1-10, 28R14829 28R3067 ; S/T LR60659; S/T LR112349, LR53504; GANANOQUE

Parking & Garage

Parking Spaces20.0
Garage Spaces15
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, Hospital, Marina, Public Transit, Waterfront, School

Interior Features

Auto Garage Door Remote, Carpet Free, Storage, Primary Bedroom - Main Floor

Security Features

Community Features

Location

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550 Queen Street, Gananoque, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 550 Queen Street E, Gananoque, ON K7G 2B1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Gananoque.

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Interest Rate5.25%
Down Payment$336,000 (20.0%)
* Minimum Canadian down payment required for this price is $336,000.
Amortization Period25 Years
Estimated Monthly Payment$8,009Based on a loan of $1,344,000 over 25 years.
Purchase Price$1,680,000
Loan Amount$1,344,000
Provincial Land Transfer Tax:$30,075
Total Estimated Closing Taxes:$30,075

About Purchasing a Home in Gananoque, ON

For a property listed at $1,680,000 in Gananoque, the legal minimum down payment is $336,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $30,075 for this transaction. As this listing is in Gananoque (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $30,075.

Nearby Listings

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No current listings found in Gananoque.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Gananoque.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$651,092

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Linklater
Public300 Stone Street North, Gananoque, Ontario, K7G 1Y8
7.1

Secondary Schools

Gananoque
Public175 William Street South, Gananoque, Ontario, K7G 1S8
6.4

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.