565 Emma Street, Gananoque, Ontario

$799,900

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9

Beds

3

Baths

About 565 Emma Street

Great return on investment with this turn key investment opportunity in beautiful Gananoque. When rented at todays "current rent amounts" this investment offers a 8.6% cap rate! This all brick triplex has been recently renovated from top to bottom and offers 3 gorgeous 3 bedroom units, each with full laundry facility and separately metered. The units are large and bright (each over 1200 sq ft) and have brand new kitchens, bathrooms, flooring, doors, trim, windows, updated baseboards and the list goes on. Smartly designed kitchens with quartz counter tops, each with 4 brand new stainless steel appliances, a breakfast bar countertop overhang, and "slow-closer" cabinetry. All 3 bathrooms offer a laundry closet with new full size appliances. A separate utility room in the basement level houses the 3 individual hot water tanks and separate meters. Each unit is set up to pay for its own heat/hydro/water/sewer. The roof was re-shingled in May 2025. Outdoor parking for 5-6 cars and a metal fire-escape to the top floor on the rear of the building. Quick closing is available and no tenants to assume. Opportunity knocks. (id:6289)

Features of 565 Emma Street

Listing # X12423079
Price $799,900
Bedrooms 9
Bathrooms 3.00
Acres 0.00
Type Multi-family

Community Information

Address 565 Emma Street
Subdivision 05 - Gananoque
City Gananoque
Province Ontario
Postal Code K7G2Y6

Amenities

Amenities Park, Schools
Utilities Cable, Electricity, Sewer
Features Lighting, Level
Parking Spaces 5
Parking No Garage
Is Waterfront No
Has Pool No

Interior

Appliances Water Heater, Dishwasher, Microwave, Hood Fan, Stove, Washer, Refrigerator
Heating Electric Baseboard heaters
Cooling None
Fireplace No
# of Stories 2
Has Basement No
Basement Apartment in basement

Exterior

Exterior Brick
Lot Description 60 x 120.8 FT|under 1/2 acre
Foundation Block

Listing Details

OfficeROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE

Listing Map

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Listing information last updated on November 4th, 2025 at 12:46pm PST.