Homula Realty Brokerage
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550 Queen Street E, Gananoque, ON K7G 2B1

4+1 beds · 4 baths · 1 kitchen · 8+3 rooms · 20 parking spaces · 3000-3500 sq ft · Laundry on the main level level · Detached
$1,580,000
Property tax
$9,588 / year

New Price. Exceptional Opportunity. Your waterfront dream is now within reach. Imagine owning your own private paradise in the heart of the Thousand Islands, where breathtaking waterfront views, scenic trails, pristine beaches, and an incredible lifestyle await. Welcome to 550 Queen Street, Gananoque - an exceptional custom-built waterfront estate offering over 5,000 sq. ft. of luxury living on the tranquil Gananoque River. Set on more than 4 private acres, this remarkable 4+1 bedroom home was designed for families who value space, comfort, and unforgettable moments. The open-concept layout seamlessly connects the chef's kitchen, dining, and family room, creating the perfect setting for everyday living and entertaining. Host summer gatherings on the expansive patio, relax beside your inground pool, or launch your next adventure with direct waterfront access for boating, fishing, kayaking, and paddle sports. Inside, the impressive 1,158 sq. ft. recreation room offers possibilities for entertaining, games, and fitness. Every window captures stunning views of the surrounding landscape, bringing nature indoors. Car enthusiasts, hobbyists, and outdoor lovers will appreciate two garages with parking for over five vehicles, plus a separate workshop offering exceptional storage and workspace. Located just a short stroll to downtown Gananoque, schools, parks, the marina, restaurants, and a vibrant arts and culture scene, this property offers the perfect balance of peaceful waterfront living and everyday convenience. Ideally situated within easy driving distance of Kingston, Ottawa, and the GTA. Whether you envision expanding, developing, or simply enjoying this extraordinary estate as it is, the possibilities are as impressive as the setting itself. Opportunities like this are rare. Don't just dream of waterfront living - make it your reality. Book your private showing today and experience one of Eastern Ontario's most exceptional waterfront properties.

MLS number
X13493984
Type
Detached
Status
Active
Bedrooms
5
Bathrooms
4
Postal code
K7G 2B1
Photos
49
Laundry
Main Level level
79days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Linklater Public School
Upper Canada DSB
Elementary640 m7.5 / 10
75% met the standard
St Joseph's Separate School
CDSB of Eastern Ontario
Elementary580 m8.2 / 10
82% met the standard
Gananoque Secondary School
Upper Canada DSB
Secondary1.2 km7.8 / 10
78% met the standard · 2 of 6 measures
Gananoque Intermediate School
Upper Canada DSB
Elementary1.3 kmNot reported
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 605 people.

$75,500Median household income
73.3%Own their home
58.1%Detached houses
60Median age
6.8%Born outside Canada
16.9%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35070305 — the few blocks around this address, home to 605 people. It describes the area, not this property.

605Population
56.8Average age
2.2Household size
$107,000Average household income
$75,500Median household income
73%Own their home
27%Rent
24%Condominiums
7%Born outside Canada
17%University degree
$368,000Average home value
8%Low income
20%Never married
$15,000 to $19,9992%
$20,000 to $24,9994%
$25,000 to $29,9994%
$30,000 to $34,9992%
$35,000 to $39,9992%
$40,000 to $44,9995%
$45,000 to $49,9994%
$50,000 to $59,9999%
$60,000 to $69,9995%
$70,000 to $79,9997%
$80,000 to $89,9995%
$90,000 to $99,9994%
$100,000 and over26%
$100,000 to $124,9999%
$125,000 to $149,9997%
$150,000 to $199,9994%
$200,000 and over4%

Percentages are of the 285 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$316,000 · minimum here is $316,000
$6,995.90per month
Borrowed before insurance$1,264,000
Total borrowed$1,264,000
Interest over 25 years at 4.5%$834,769

If you rented it out

-$7,794.90per month out of pocket
Rent$0.00
Everything it costs to hold$7,794.90
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RIGHT AT HOME REALTY. Listing data provided by the Toronto Regional Real Estate Board.