395 Pine Street E Gananoque, ON K7G 1E2
Inscription par: PropTX / Listed By: Century 21 Synergy Realty Inc / Century 21 Synergy Realty Inc. Brokerage

  395 Pine Street E Gananoque, ON K7G 1E2

En vigueur (52 Jours)
890 782 $ (USD)
14
CAC
6
SDB
3500-5000
PI. CA.

Description

This well-maintained 6-plex presents an outstanding investment opportunity in the heart of Gananoque. Built in 1956 and situated on a large R2-zoned lot, the property offers excellent long-term value with a private parking lot at the rear for tenant convenience. Currently, five of the six units are occupied, providing immediate and stable rental income, while the sixth unit is vacant and available for July 1 occupancy, offering potential for increased cash flow through market rent. Ideally located close to schools, grocery stores, and other local amenities, the property remains highly attractive to tenants seeking convenience and accessibility. The building has demonstrated exceptional rental stability, maintaining an average vacancy rate of just 3.5% over the past five years, reflecting strong tenant demand in the area. Generating a strong Net Operating Income of more than $85,000, this property is a turnkey addition to any investment portfolio. Major capital improvements have already been completed, including new windows in 2016, a roof replacement in 2021, and a new furnace in 2024, helping to minimize future maintenance costs. With strong financial performance, proven occupancy, quality upgrades, ample parking, and a desirable location, this is a rare opportunity to acquire a solid multifamily asset in one of Eastern Ontario's most sought-after communities.

MLS®:
X13509382
Les impôts
$5,664(2025)
Catégorie
Multifamily
Style
3-Storey
Ville
Leeds and Grenville United Counties
Communauté
05 - Gananoque

Listed By

Century 21 Synergy Realty Inc
Curtis Murphy, Century 21 Synergy Realty Inc. Brokerage
Source
PropTX
Dernière vérification Août 22 2026 à 5:13 AM EDT
Détails sur les salles de bains
Caractéristiques Intérieures
  • Water Heater Owned
Caractéristiques de la propriété
  • Foundation: Concrete
Chauffage et refroidissement
  • Radiant
  • None
Informations sur les sous-sols
  • Apartment
Informations sur le pool
  • None
Caractéristiques extérieures
  • Concrete Block
  • Toit: Asphalt Shingle
Informations sur les services publics
  • Utilities: Municipal
  • Sewer: Sewer
  • Fuel: Gas
  • Energy: Energy Certificate: No
Garage
  • None
Stationnement
  • Private
  • Available
Étages
  • 3
Alimenté par Walk Score®
Disclaimer: Copyright 2026 PropTX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 8/21/26 22:13