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.
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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In-Law Capability, Primary Bedroom - Main Floor
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 50 - 60 Water Street, Gananoque, ON K7G 2B8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Gananoque.
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.
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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.