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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)
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.
Source: Public Records
Discover key demographics, population statistics, and environmental insights for the Gananoque, ON area.
84/100
Very Walkable
Walk Score ®
0/100
Minimal Transit
Transit Score ®
62/100
Bikable
Bike Score ®
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: 7/100, Transit Score: 0/100, Bike Score: 24/100.
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0 bds • 0 ba • 0 sqft
635 ARLINGTON PARK PLACE, Kingston (South of Taylor-Kidd Blvd), ON K7M9A5
0 bds • 0 ba • 0 sqft
61 PEARL STREET E, Brockville, ON K6V1P6
0 bds • 0 ba • 0 sqft
61 PEARL STREET E, Brockville, ON K6V1P6
0 bds • 0 ba • 0 sqft
355 COUNTY ROAD 16 ROAD, Elizabethtown-Kitley, ON K0G1G0
0 bds • 6 ba • 0 sqft
66 QUEEN STREET, Smiths Falls, ON K7A3N2
4 bds • 3 ba • sqft
163 PINE STREET
0 bds • 2 ba • sqft
175 STONE STREET S
2 bds • 2 ba • sqft
606 - 129A SOUTH STREET
2 bds • 2 ba • sqft
221 - 129B SOUTH STREET
2 bds • 2 ba • sqft
306 - 129 SOUTH STREET
4 bds • 2 ba • sqft
121 TREMONT PARK ISLAND
6 bds • 2 ba • sqft
1 SAMPSON ISLAND
6 bds • 3 ba • sqft
11 DAWSON DRIVE
6 bds • 3 ba • sqft
11 DAWSON DRIVE
6 bds • 3 ba • sqft
11 DAWSON DRIVE
6 bds • 3 ba • sqft
11 DAWSON DRIVE
2 bds • 2 ba • sqft
137 THOUSAND ISLANDS PARKWAY
5 bds • 3 ba • sqft
108 GRAYROCK CRESCENT
4 bds • 3 ba • sqft
61 CONNER DRIVE
4 bds • 3 ba • sqft
61 CONNER DRIVE
4 bds • 3 ba • sqft
61 CONNER DRIVE
5 bds • 1 ba • 1920 sqft
162 Conner Drive, Gananoque ON K7G 2V4
7 bds • 4 ba • sqft
1 KITSYMENIE ISLAND
4 bds • 4 ba • sqft
5002 COUNTY ROAD 2
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: 7/100, 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 2026-07-14 19:21:08. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.