198 South Street, Gananoque, ON

$530,000
MLS#:X12056823
7 beds
5 baths
3000-3500 sqft
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on April 11, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2 1/2 Storey 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 $530,000 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.

  • 7 Bedrooms and 5 Bathrooms
  • Generous living space spanning 3000-3500 sqft on a premium 63.83 x 123.88 ft lot
  • Features a partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: None
  • Efficient radiant heating via wood

Description

Welcome to 198 South Street! Located steps to St. Lawrence River and local amenities, with the Play House right across the street - this home is perfect for anyone looking for a project, space for their growing family or to add to their investment portfolio. This home features 7 bedrooms, 5 bathrooms, 3440 sq ft & still has an abundance of its original charm, just waiting for its new owner to bring it back to its prime. Built in 1900, featuring an oversized deck, spacious kitchen, separate eat-in dining with original built ins, living room & sitting room beaming with natural light and a stunning staircase bringing you to your 2nd level. Upstairs, you'll find your 16 x 16 master bedroom with formal sitting room & ensuite, 3 other spacious bedrooms and 2 full baths. Continuing throughout the house to the 3rd level, you'll find 3 more bedrooms + flex room, & bathroom. Being sold AS IS, WHERE IS, with no representations or warranties.

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Property Summary

This detached home located at 198 South Street, Gananoque is currently for sale and has been available on SousaSells for 471 days. This property is listed at $530,000 with an estimated mortgage of $1,764* per month. It has 7 beds, 5 bathrooms, and is 3000-3500 square feet. 198 South 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
7
Bathrooms
5
Kitchens
1
Living Area
3000-3500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 11, 2025
Sold price information is available to members only
Listed Date4/2/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2 1/2 Storey
ConstructionBrick, Wood
BasementPartial Basement
Lot Size63.83 × 123.88 Feet
CountyLeeds and Grenville
Annual Tax$5,987.62
Legal DescriptionLT 667 E GANANOQUE RIVER PL 86; PT LT 666 E GANANOQUE RIVER PL 86 AS IN LR284955; GANANOQUE

Parking & Garage

Parking Spaces6.0
Garage Spaces5
Garage TypeDetached

Heating & Cooling

Heat SourceWood
Heat TypeRadiant
CoolingNone

Features

Property Features

Arts Centre, Lake/Pond, Library, Rec./Commun.Centre

Interior Features

None

Security Features

None

Community Features

Location

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198 South 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 198 South Street, Gananoque, ON K7G 1A2

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 Rate4.00%
Down Payment$159,000 (30.0%)
* Minimum Canadian down payment required for this price is $28,000.
Amortization Period30 Years
Estimated Monthly Payment$1,764Based on a loan of $371,000 over 30 years.
Purchase Price$530,000
Loan Amount$371,000
Provincial Land Transfer Tax:$7,075
Total Estimated Closing Taxes:$7,075

About Purchasing a Home in Gananoque, ON

For a property listed at $530,000 in Gananoque, the legal minimum down payment is $28,000 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 $7,075 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 $7,075.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 05 - Gananoque, Gananoque.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$589,685

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.