50 & 60 Water Street, Gananoque, Ontario K7G 2B8 (26181114)
50 & 60 Water Street Gananoque, Ontario K7G 2B8
$1,550,000
Welcome to an exceptional investment opportunity at 50/60 Water Street in Gananoque! This property consists of 2 detached homes configured as duplexes, offering a total of 4 lucrative apartments. Strategically positioned along the Gananoque River at St. Lawrence River with access to the world-famous 1000 Islands, one of Ontario’s most prized destinations, this location is a paradise for potential investors. Situated in the heart of downtown Gananoque, this property provides the ideal setting for attracting tenants and maximizing rental income. You can choose to live in one unit while profiting from the other three, ensuring immediate and consistent cash flow. All units can be vacated upon takeover, offering flexibility in tenant selection and lease terms. In addition to the residential units, this property boasts two boat houses, three boat slips, and convenient storage options. These features further enhance the property's value, catering to water enthusiasts and expanding its income potential. 60 Water St has seen recent updates, making it even more appealing to prospective tenants and boosting its rental income potential. With its prime location, income-generating possibilities, and modernization efforts, 50/60 Water St is a wise investment choice for discerning investors. Contact us today to explore this opportunity further and take the first step towards building a profitable real estate portfolio in Gananoque. (id:25832)
Property Details
| MLS® Number | 40499419 |
| Property Type | Single Family |
| Amenities Near By | Beach, Marina, Park, Place Of Worship, Schools, Shopping |
| Communication Type | High Speed Internet |
| Community Features | High Traffic Area, Quiet Area, Community Centre, School Bus |
| Features | Southern Exposure, Paved Driveway, In-law Suite |
| Parking Space Total | 10 |
| Water Front Name | St. Lawrence River |
| Water Front Type | Waterfront On River |
Building
| Bathroom Total | 6 |
| Bedrooms Above Ground | 5 |
| Bedrooms Below Ground | 3 |
| Bedrooms Total | 8 |
| Appliances | Dishwasher, Dryer, Refrigerator, Water Meter, Range - Gas, Gas Stove(s), Hood Fan |
| Architectural Style | 2 Level |
| Basement Development | Partially Finished |
| Basement Type | Full (partially Finished) |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Aluminum Siding, Stone, Vinyl Siding |
| Fire Protection | Smoke Detectors |
| Foundation Type | Block |
| Half Bath Total | 1 |
| Heating Fuel | Natural Gas |
| Stories Total | 2 |
| Size Interior | 4097.6700 |
| Type | House |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access, Highway Access |
| Acreage | No |
| Land Amenities | Beach, Marina, Park, Place Of Worship, Schools, Shopping |
| Landscape Features | Landscaped |
| Sewer | Municipal Sewage System |
| Size Depth | 223 Ft |
| Size Frontage | 110 Ft |
| Size Irregular | 0.3 |
| Size Total | 0.3 Ac|under 1/2 Acre |
| Size Total Text | 0.3 Ac|under 1/2 Acre |
| Surface Water | River/stream |
| Zoning Description | R |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Storage | 11'11'' x 8'1'' | ||
| Second Level | 2pc Bathroom | 4'2'' x 6'4'' | ||
| Second Level | Office | 9'0'' x 9'0'' | ||
| Second Level | Living Room | 16'0'' x 37'9'' | ||
| Second Level | Dining Room | 13'8'' x 16'10'' | ||
| Second Level | Breakfast | 11'8'' x 11'8'' | ||
| Second Level | Kitchen | 13'8'' x 17'10'' | ||
| Basement | Bedroom | 8'6'' x 10'11'' | ||
| Basement | Primary Bedroom | 8'8'' x 12'9'' | ||
| Basement | Laundry Room | 5'1'' x 6'7'' | ||
| Basement | 3pc Bathroom | 5'2'' x 7'9'' | ||
| Basement | Living Room | 17'3'' x 14'2'' | ||
| Basement | Dining Room | 6'3'' x 8'6'' | ||
| Basement | Kitchen | 11'11'' x 18'4'' | ||
| Basement | Storage | 24'9'' x 15'2'' | ||
| Basement | Utility Room | 8'7'' x 12'10'' | ||
| Basement | 4pc Bathroom | 7'2'' x 6'6'' | ||
| Basement | Bedroom | 12'2'' x 21'0'' | ||
| Basement | Den | 7'9'' x 14'6'' | ||
| Basement | Eat In Kitchen | 12'3'' x 19'11'' | ||
| Main Level | Bedroom | 12'6'' x 13'9'' | ||
| Main Level | 4pc Bathroom | 5'8'' x 9'6'' | ||
| Main Level | Living Room | 9'3'' x 19'5'' | ||
| Main Level | Dining Room | 9'3'' x 18'9'' | ||
| Main Level | Kitchen | 11'9'' x 13'0'' | ||
| Main Level | Bedroom | 12'11'' x 17'4'' | ||
| Main Level | Bedroom | 13'3'' x 15'7'' | ||
| Main Level | Bedroom | 11'9'' x 15'7'' | ||
| Main Level | 4pc Bathroom | 8'2'' x 7'4'' | ||
| Main Level | Full Bathroom | 8'4'' x 11'5'' | ||
| Main Level | Primary Bedroom | 11'9'' x 17'4'' | ||
| Main Level | Foyer | 8'0'' x 7'5'' |
Utilities
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/26181114/50-60-water-street-gananoque
Interested?
Contact us for more information
Brandon Nadeau
Salesperson
https://brandonnadeau.exprealty.com/
https://www.instagram.com/brandonnadeau_exp/
1-695 Innovation Dr
Kingston, Ontario K7K 7E6
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November 06 2023 05:46:41
Kingston & Area Real Estate Association
Exp Realty, Brokerage
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