50 days on Market

185 ELM St #A & B, Gananoque, Ontario K7G 2T1

Townhouse
5
2
~1100-1500 sqft
$619,900
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Townhouse
5
2
~1100-1500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$488/sqft

Est. Mortgage$2,662/mo

Tax Amount (2023)$2,909/yr

Days On Market50 days


Description

Add this gem to your "Great Opportunity" list. First-time buyers - it's time to enter home ownership with this income-producing property. Or maybe it's time to expand your portfolio. This mint condition up/down legal duplex on a large town lot is ready for a new owner. Location may be key! Welcome to this all-brick exterior home with a metal roof. Complete separate entrances for that inlaw suite you might be thinking about. The yard allows each unit its own private and fenced outdoor space with a shed and plenty of parking for everyone, even your guests. You can combine the two and enjoy that pool-sized lot. Both units have been mostly renovated over the past few years and the layouts function well for multiple purposes. The updated kitchens, newer appliances and larger bathrooms easily accommodate the 2-bedroom main floor and the 3-bedroom lower area, offering plenty of comfort and functionality. Each level also provides its' own laundry so check that off the list. The natural gas fireplaces help keep the heating costs down in the colder months and the heat pump/mini-split sufficiently keeps the main level cool in the summer. Parking for up to 7 vehicles. This property has legal duplex status with the Town of Gananoque & MPAC. All permits are in place. Contact the listing agent for further details. Heating is a mix of baseboard electric, forced air gas, and heat pump. The main level is vacant and ready for a new owner to start collecting an income.


Upcoming Open House

Feb 8Sat12:00 PM - 1:00 PM

Property Details

StyleBungalow
View-
Age of property51-99
SqFt~1100-1500 SqFt
Lot Size7,296 SqFt(116.21 x 62.79)
Parking Spaces7
MLS ®NumberX11893564
Community NameLeeds and the Thousand Islands
Data SourceTRREB
Listing byEXP REALTY, BROKERAGE

Features

Heating: Other
Cooling: Other
Fireplace
Basement: Apartment, Full

Main Floor

Kitchen

2.80 x 4.04

Dining

3.20 x 4.14

Living

6.12 x 4.54

Prim Bdrm

3.59 x 3.51


Features

Lot size: 7,296 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 7


Property History

Dec 16, 2024
ListedActive
$619,900
50 days on market
history photo preview40
Listing by trreb®
Property listed by EXP REALTY, BROKERAGE, Brokerage
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Population and Demographics

Overview

Total population 14517
Average household income $112,251

Age (%)

65 and plus
28%
50 to 64
25%
0 to 19
18%
35 to 49
16%
20 to 34
14%

Household composition (%)

Single family
67%
Single person
29%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
96%
French
2%
Others
2%

House tenancy (%)

Owners
80%
Renters
20%

Schools and amenities

Estimated Budget