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| Floor | Bedrooms | Bathrooms |
|---|---|---|
| Basement | 6 | 1 |
| Ground | 3 | 1 |
| Second | * | 1 |
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Great return on investment with this turn key investment opportunity in beautiful Gananoque. When rented at todays "current rent amounts" this investment offers a 8.6% cap rate! This all brick triplex has been recently renovated from top to bottom and offers 3 gorgeous 3 bedroom units, each with full laundry facility and separately metered. The units are large and bright (each over 1200 sq ft) and have brand new kitchens, bathrooms, flooring, doors, trim, windows, updated baseboards and the list goes on. Smartly designed kitchens with quartz
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30 Year , 3.99% interest


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Nestled in the heart of Gananoque, at 565 Emma Street, this exceptional Multi-Family Home for sale in Gananoque presents a remarkable investment opportunity. This all-brick multiplex, which has been meticulously renovated from top to bottom, features three stunning three-bedroom units, each boasting its own laundry facilities and separate metering. With a generous total of 16 rooms, including 6 bedrooms and 3 bathrooms, this property is designed to accommodate a variety of living arrangements.
As you approach the property at 565 Emma Street, Gananoque, you’ll immediately notice the charming brick exterior that exudes a sense of durability and style. The building is a two-storey structure situated on a spacious lot measuring 60 by 121 feet, providing ample outdoor space for residents. While there is no pool or garage, the property offers a private triple driveway with parking space for up to five vehicles, ensuring convenience for all tenants.
Inside, each of the three units exceeds 1200 square feet, creating a bright and airy atmosphere that residents will surely appreciate. The kitchens are smartly designed, featuring quartz countertops and equipped with four brand new stainless steel appliances, including a breakfast bar countertop overhang and "slow-closer" cabinetry. Each of the three bathrooms is equally impressive, complete with a laundry closet housing new full-size appliances, making day-to-day living exceptionally convenient.
The Multi-Family Home for sale in Gananoque is not only aesthetically pleasing but also practical. Each unit is independently metered, allowing tenants to pay for their own heating, hydro, water, and sewer services. The building is heated via a baseboard heating system, and while there is no central vacuum system or air conditioning, the ample natural light and ventilation throughout the units create a comfortable living environment.
The basement of the property at 565 Emma Street, Gananoque, features a full apartment, providing additional living space or potential rental income. A separate utility room houses three individual hot water tanks, ensuring that each unit operates independently. The property is connected to municipal water and sewer services, adding to its appeal for potential buyers.
This Multi-Family Home for sale in Gananoque is ideally located in the Leeds and Grenville area, offering residents easy access to local amenities and attractions. The surrounding community is vibrant and welcoming, making it an ideal place for families and individuals alike. With no tenants to assume and the potential for quick closing, this property presents a rare opportunity for savvy investors looking to expand their portfolio.
The roof of the building was completely re-shingled in May 2025, ensuring that the property is not only visually appealing but also structurally sound. With additional features such as a metal fire escape to the top floor at the rear of the building, safety and accessibility are paramount.
In summary, if you are searching for a turn-key investment opportunity, look no further than this Multi-Family Home for sale in Gananoque. With its prime location at 565 Emma Street, Gananoque, and its impressive array of features, this property is poised to attract discerning buyers. Don’t miss out on the chance to own a piece of this beautiful community; opportunity truly knocks here!
Gananoque, nestled along the banks of the St. Lawrence River in Eastern Ontario, is a charming small town that serves as a gateway to the Thousand Islands. This picturesque locale boasts a rich history, evident in its well-preserved architecture and vibrant waterfront. Residents enjoy a serene lifestyle, with access to stunning natural landscapes, recreational activities such as boating and hiking, and a close-knit atmosphere that fosters a sense of belonging. The town's quaint shops, delightful eateries, and cultural events create a welcoming environment, making Gananoque an appealing choice for those seeking a peaceful yet engaging place to call home.
This property is conveniently located near several educational institutions, making it an excellent choice for families. The closest school is St. Joseph Catholic School, just 0.2 km away, offering a French-language curriculum for grades JK to 8 under the Catholic District School Board of Eastern Ontario. Although it has a school rating of 0, it provides an option for families seeking a Catholic education. For elementary education, Linklater Public School is situated 0.4 km from the property, serving grades JK to 6 and rated at 6.3, which reflects a decent quality of education under the Upper Canada District School Board. Additionally, Gananoque Secondary School is located 0.6 km away, catering to students in grades 7 to 12, with a school rating of 5.7. This secondary school also follows a French-language curriculum and is part of the same public board as Linklater. Overall, the proximity to these schools provides a variety of educational options, catering to different preferences and needs, making this property an attractive option for families prioritizing education.
The area surrounding the property has a population of 373 residents, with an average household size of 1.8 individuals. The demographic profile indicates a mature community, with an average age of 54.6 years. The average household income stands at $64,000, although 18% of the population is classified as low-income. The real estate market reflects an average property price of $330,000, with a significant portion of the community being renters, making up 63.16% of households. Notably, 53.62% of residents are single, while 38.89% live in households with children. The area has a modest immigrant presence at 7.81%, and educational attainment is relatively high, with 33.87% of residents holding a college or university degree. However, a considerable 51.61% of the population is not in the labor force, indicating potential challenges in economic engagement. The housing landscape shows no condominiums, suggesting a different type of residential development in the area. Overall, this demographic snapshot provides insight into a community characterized by a mature, diverse population with a mix of single individuals and families, alongside a notable rental market.
This property features 3 bathroom(s) and 6 bedroom(s).
This Triplex property includes 3 additional bedrooms.
The total square footage of this Triplex 6 bed property in Gananoque is 2500 - 3000.
565 Emma Street boasts 5 convenient parking spaces.
This property does not feature a garage.
Information about the garage type is not provided.
Yes, this property has a basement.
This property features Apartment, Full basement.
It is not specified whether this property has a swimming pool.
There is no fireplace in this property.
This property includes 3 kitchen(s).
Information about the maintenance fee is not available.
Information about whether this property is furnished is not available.
The heating system in place is a Baseboard.
This property include following utilities : Cable, Gas, Telephone, Electricity.
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