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50 - 60 Water Street

50 - 60 Water Street

Gananoque, ON

  • 5 bed
  • 4 bath
  • approx. 2000-2500 sqft
  • Detached
$1,595,000

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, like jumping in any of your boats from either of the two boathouses, one with extraordinary space upstairs. 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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Listing Details

Taxes (2026)
$9,677
Listed
June 30, 2026

Price History

Property

Style
2-Storey
Construction
Vinyl Siding
Roof
Asphalt Shingle
Foundation
Stone
Interior
In-Law Capability, Primary Bedroom - Main Floor
Lot Size
224 x 100 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
8

Utilities

Sewer
Sewer
Heat Source
Electric

Location & Legal

Cross Street
Stone
Parcel Number
442480423
Possession
Flexible
Occupancy
Owner+Tenant

Included

Inclusions
Furnishings in 60A & B
Exclusions
Pot Rack in Kitchen, Pine Shelves in Upstairs, Hose Reel Holders and Cabinet in Dining Room, Black Table in Apartment 60A

Waterfront

Water Body
St. Lawrence River
Shoreline
Deep
Docking
Private

Schools

Secondary

  • Gananoque Secondary School0.5 km

    Public · Upper Canada DSB · 335 students

    Grade 10 literacy: 89% met the provincial standard

Elementary

  • Gananoque Intermediate School0.6 km

    Public · Upper Canada DSB · 130 students

  • Linklater Public School0.8 km

    Public · Upper Canada DSB · 160 students

    Grade 3 reading: 86% met the provincial standard · Grade 6 math: 48% met the provincial standard

  • St Joseph's Separate School1 km

    Catholic · CDSB of Eastern Ontario · 290 students

    Grade 3 reading: 85% met the provincial standard · Grade 6 math: 57% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area K7G

Population
8,740
Private dwellings
4,305
Median age
54.4
Average household size
2.2
Median household income
$77,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Gananoque · last 12 months

Median sold price
$478,250
Homes sold
90
Median days on market
36
Sale-to-list price
96.1%

Based on 90 recorded sales of residential freehold properties in Gananoque over the last 12 months.

Rooms

2-piece on Second, 3-piece on Main, 4-piece on Main, 4-piece on Basement

Second

  • Bathroom7'10" x 7'10"
  • Dining Room13'5" x 16'11"
  • Kitchen13'3" x 18'
  • Living Room16' x 49'6"
  • Office8'11" x 8'11"
  • Utility Room11'11" x 7'11"

Main

  • Bathroom8' x 11'5"
  • Bathroom8'1" x 7'3"
  • Bedroom13' x 17'5"
  • Bedroom 311'7" x 15'7"
  • Bedroom 413' x 15'7"
  • Foyer8' x 7'4"
  • Primary Bedroom11'7" x 17'5"

Basement

  • Bathroom8'3" x 6'4"
  • Bedroom 58'8" x 14'3"
  • Exercise Room12' x 21'2"
  • Recreation12'1" x 26'1"
  • Utility Room8'6" x 12'7"
  • Utility Room12' x 15'6"
  • Utility Room12'2" x 15'7"

Listed by

SOTHEBY'S INTERNATIONAL REALTY CANADA, BROKERAGE

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$319,000

Estimated Monthly Payment

$7,836

Land transfer tax

Estimated land transfer tax$28,375

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $7,836/mo (20% down, 5.5%)

Taxes: $806/mo · Insurance: $399/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions It's the perfect place to entertain, unwind, or simply take in everything that makes the 1000 Islands so special, like jumping in any of your boats from either of the two boathouses, one with extraordinary space upstairs.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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