130 WATER Street, Gananoque, ON

$524,900
MLS#:X9404461
2 beds
2 baths
1400-1599 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Other condo apartment located in the coveted neighborhood of 05 - Gananoque. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $524,900 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1400-1599 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: On Demand Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Discover the charm of The Island Harbour Club, nestled in the picturesque town of Gananoque set along the banks of the St. Lawrence River, right next to the scenic Joel Stone Park. This bright, spacious, and tranquil top-floor unit features 2 bedrooms and 2 bathrooms, adorned with elegant laminate and tile flooring, granite kitchen counters, and soaring 9ft ceilings. The fantastic open-concept design boasts a large living room with stunning water views, a modern kitchen equipped with stainless steel appliances and a generous island with an extended breakfast bar, and a spacious dining room that opens to a private, covered balcony overlooking the beautiful St. Lawrence River. The primary bedroom offers a luxurious 3-piece ensuite with a tiled walk-in shower. Relish in breathtaking sunsets from your front porch. Additional amenities include in-suite laundry, heated underground parking, and more! This is a golden opportunity to embrace the best of waterfront living, conveniently within walking distance to all the delights Gananoque has to offer!

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Property Summary

This condo apartment located at 130 WATER Street, Gananoque is currently for sale and has been available on SousaSells for 762 days. This property is listed at $524,900 with an estimated mortgage of $1,747* per month. It has 2 beds, 2 bathrooms, and is 1400-1599 square feet. 130 WATER Street, Gananoque is in the 05 - Gananoque neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1400-1599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold price information is available to members only
Listed Date6/10/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleOther
ConstructionOther
BasementNone
CountyLeeds and Grenville
Annual Tax$5,446.65
Legal DescriptionUNIT 16, LEVEL 4, LEEDS STANDARD CONDOMINIUM PLAN NO. 45 AND ITS APPURTENANT INTEREST SUBJECT TO AND TOGETHER WITH EASEMENTS AS SET OUT IN SCHEDULE A AS IN LE119256 TOWN OF GANANOQUE

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

On Demand Water Heater

Security Features

Community Features

Location

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130 WATER 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 130 WATER Street 416, Gananoque, ON K7G 0A8

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.

Market Trend
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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 Rate4.00%
Down Payment$157,470 (30.0%)
* Minimum Canadian down payment required for this price is $27,490.
Amortization Period30 Years
Estimated Monthly Payment$1,747Based on a loan of $367,430 over 30 years.
Purchase Price$524,900
Loan Amount$367,430
Provincial Land Transfer Tax:$6,973
Total Estimated Closing Taxes:$6,973

About Purchasing a Home in Gananoque, ON

For a property listed at $524,900 in Gananoque, the legal minimum down payment is $27,490 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 $6,973 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 $6,973.

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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$589,726

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.