50 - 60 Water Street, Gananoque, ON

$1,595,000
MLS#:X13503884
5 beds
4 baths
2000-2500 sqft
8.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 05 - Gananoque. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $1,595,000 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 2000-2500 sqft on a premium 224 x 100 ft lot
  • Features a finished with walk-out, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available
  • Notable attributes: In-Law Capability, Primary Bedroom - Main Floor
  • equipped with central air, none central cooling and highly efficient baseboard heating via electric

Description

Welcome to one of the most exciting waterfront opportunities in Gananoque.Imagine starting every morning with breathtaking views of the St. Lawrence River from your expansive two-level porch. Watch the tour boats cruise by, enjoy the ever-changing waterfront scenery, and soak up the sunshine thanks to the property's southern exposure. It's the perfect place to entertain, unwind, or simply take in everything that makes the 1000 Islands so special.This impressive four-bedroom home offers much more than an incredible waterfront lifestyle. A detached two-unit apartment building provides excellent income potential, while the main home also offers the possibility of creating an additional self-contained suite.And the location? It simply doesn't get much better. Situated in the heart of Gananoque's vibrant waterfront district, you're just steps from the tour boat docks, waterfront restaurants, hotels, live entertainment, museums, and the renowned 1000 Islands Playhouse. Whether you're looking for a dream home, a smart investment, or the perfect place to grow a business, the possibilities here are endless.Properties that combine waterfront living, walkable convenience, and exceptional income potential are incredibly rare.Come experience the view for yourself-and let your imagination take over.

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Key Features

Bedrooms
5
Bathrooms
4
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date6/30/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionVinyl Siding
BasementFinished with Walk-Out, Partially Finished
Lot Size224 × 100 Feet
CountyLeeds and Grenville
Annual Tax$9,677
Legal DescriptionPART LOTS 651 AND 652 EAST GANANOQUE RIVER PLAN 86 AS IN LR228491 TOGETHER WITH AN EASEMENT AS IN LR228491 TOWN OF GANANOQUE & PART OF THE BED OF THE GANANOQUE RIVER IN LEEDS COUNTY, PLAN 86 PARTS 1 & 3 28R4150; SUBJECT TO THE RIGHTS OF OWNERS OF ADJOINING PARCELS, IF ANY, UNDER LR322186, LR231762, LR257597, LR246339, LR246338, LR246337, LR316785, LR376176 & LR228491 TOWN OF GANANOQUE

Parking & Garage

Parking Spaces8.0
Garage Spaces8
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingCentral Air, None

Features

Property Features

Interior Features

In-Law Capability, Primary Bedroom - Main Floor

Security Features

Community Features

Location

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50 - 60 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 50 - 60 Water Street, Gananoque, ON K7G 2B8

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$319,000 (20.0%)
* Minimum Canadian down payment required for this price is $319,000.
Amortization Period25 Years
Estimated Monthly Payment$7,604Based on a loan of $1,276,000 over 25 years.
Purchase Price$1,595,000
Loan Amount$1,276,000
Provincial Land Transfer Tax:$28,375
Total Estimated Closing Taxes:$28,375

About Purchasing a Home in Gananoque, ON

For a property listed at $1,595,000 in Gananoque, the legal minimum down payment is $319,000 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 $28,375 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 $28,375.

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.