$1,225,000
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395 Pine Street E, Gananoque, ON K7G1E2

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14 Beds
6 Baths
- Sq Ft

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. (id:58753)

Listing By: Brad MacNeil - CENTURY 21 SYNERGY REALTY INC
Source: CREA #X13509382 Listing provided courtesy of Canadian Real Estate Association
  • MLS® X13509382
  • Date Listed07/01/2026
  • Days on Realty 90 Days
  • Bedrooms 14
  • Bathrooms 6 baths
  • Lot Size -
  • Sewer Other
  • Property Type Other
  • Water Public

Interior Features

  • Appliances Washer, Refrigerator, Stove, Oven, Dryer, Water Heater
  • Cooling None
  • Heating Radiant heat, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Directions

Cross Streets: James Street S. ** Directions: From King Street E, head South on James Street S. 395 Pine Street E is at the end of James Street S, Directly in front of you.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for K7G1E2

Discover key demographics, population statistics, and environmental insights for the Gananoque, ON area.

Walkability in ON / K7G1E2

Source: Walk Score

84/100

Very Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

62/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 6/100, Transit Score: 0/100, Bike Score: 24/100.

Points of Interest near 395 PINE STREET E, Gananoque, ON K7G1E2

Frequently Asked Questions for 395 PINE STREET E

Source: Realty.com

395 PINE STREET E, Gananoque, ON K7G1E2 in Gananoque, ON K7G1E2 is a other listed at $1,225,000. Highlights include 14 bedrooms, 6 bathrooms. Realty.ca has 28 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 28 photos of 395 PINE STREET E.

The full address for this home is 395 PINE STREET E, Gananoque, ON K7G1E2.

395 PINE STREET E has been listed on Realty.com since Wed July 01, 2026

Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 6/100, Transit Score: 0/100, Bike Score: 24/100.

Listing provided courtesy of: CENTURY 21 SYNERGY REALTY INC
Listing agent: Brad MacNeil

This content last refreshed on 2026-09-29 08:45:22. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.