625 Queen Street, Gananoque, ON

$495,000
MLS#:X10440980
3 beds
2 baths
1100-1500 sqft
4.0 parking
Residential Freehold
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Property no longer active

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

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 05 - Gananoque. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $495,000 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 57.78 x 116.35 ft lot
  • Features a finished with walk-out, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: In-Law Capability, Auto Garage Door Remote, Storage
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Located on a quiet dead end street, off the beaten path, you will find this two-story family home in an established neighbourhood with views of the Gananoque River. Enjoy your large second level deck conveniently off the kitchen. This 3-bedroom home has two bedrooms and a full bath on the upper level and an additional bedroom and bath on the main floor. With two family rooms on the main level, one featuring a walk out to the backyard, there is plenty of space for all. The backyard is very private with mature trees and a lovely rock outcropping. The yard is partially fenced in and offers a peaceful retreat or opportunity for the garden enthusiast. This home is freshly painted and has new vinyl flooring throughout as well as new carpet on the stairs. Off the primary bedroom is also a balcony overlooking the private backyard, perfect spot for the morning coffee. The house has an attached one car garage and is nicely landscaped with great curb appeal. Dont miss your opportunity in this sought-after neighbourhood.

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Property Summary

This detached home located at 625 Queen Street, Gananoque is currently for sale and has been available on SousaSells for 603 days. This property is listed at $495,000 with an estimated mortgage of $1,648* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 625 Queen 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
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 11, 2025
Sold price information is available to members only
Listed Date11/21/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Vinyl Siding
BasementFinished with Walk-Out, Full
Lot Size57.78 × 116.35 Feet
CountyLeeds and Grenville
Annual Tax$3,947.88
Legal DescriptionLT 59 Gananoque River Blk V PL86 Gananoque

Parking & Garage

Parking Total4.0
Parking Space4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

In-Law Capability, Auto Garage Door Remote, Storage, Water Heater, Water Meter

Security Features

Carbon Monoxide Detectors

Community Features

Location

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625 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 625 Queen Street, Gananoque, ON K7G 2B3

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$148,500 (30.0%)
* Minimum Canadian down payment required for this price is $24,750.
Amortization Period30 Years
Estimated Monthly Payment$1,648Based on a loan of $346,500 over 30 years.
Purchase Price$495,000
Loan Amount$346,500
Provincial Land Transfer Tax:$6,375
Total Estimated Closing Taxes:$6,375

About Purchasing a Home in Gananoque, ON

For a property listed at $495,000 in Gananoque, the legal minimum down payment is $24,750 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 $6,375 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 $6,375.

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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.