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Unit 501 at Island Harbour Club

Sold

130 WATER Street 501, Gananoque, ON K7G 0A8

MLS #X12115865

$880,000

Sold on June 25, 2025

June 25, 2025

Originally listed at $939,900 9 days on market

About This Property

Welcome to 130 Water Street, a luxurious penthouse suite in the heart of the 1000 Islands. This southwest corner unit on the top floor offers elegance, comfort, and breathtaking natural beauty. The open-concept living space, with floor-to-ceiling window sand 10-foot ceilings, is bright and inviting. The 210 sq ft private covered balcony provides panoramic views of the St. Lawrence River, perfect for enjoying sunrises and sunsets. The gourmet kitchen features granite countertops, a large island, and premium GE Profile slate appliances, including a natural gas double oven. The living area has a cozy natural gas fireplace, ideal for relaxation. The main bedroom boasts a walk-through closet with custom cabinetry and a luxurious 4-piece ensuite with a tiled shower. The second bedroom, with an electric fireplace and custom cabinetry, is perfect for guests or a home office. Modern comforts include in-unit instant hot water, furnace, AC, and laundry facilities. Upgraded flooring, lighting, cabinetry, and motorized window coverings add to the luxurious feel, while 8-foot tall doors enhance the grandeur. Located next to Joel Stone Heritage Park and the municipal marina, and within walking distance of downtown Gananoque, you'll enjoy restaurants, live entertainment, and the charm of this picturesque town. Additional amenities include one heated underground parking space and a natural gas BBQ hookup. This penthouse offers a luxurious lifestyle with stunning natural beauty. Condo fees include: building insurance, building maintenance, doors, ground maintenance/landscaping, parking, private garbage removal, property management fees, snow removal.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($572/mo) and property tax ($5,724/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$723/sqft
05 - Gananoque
$585/sqft+23.7%
Gananoque
$585/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 1300 sqft.

Property Details

Bedrooms

2

Bathrooms

2

Square Feet

1200-1399 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeOther
LockerNo
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-45
MLS Size1200-1399
Listed OnApr 30, 2025
Maintenance Fees$572/month
Property Tax$5,724/year

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Rooms

NameSize (m)Size (ft)Features
Kitchen(Main)4.9 x 2.6916.1 x 8.8Carpet Free, Open Concept, Pantry, Tile Floor
Living Room(Main)6.76 x 4.3222.2 x 14.2Balcony, Carpet Free, Fireplace, Open Concept
Dining Room(Main)4.75 x 5.0515.6 x 16.6Balcony, Carpet Free, Open Concept
Bedroom(Main)2.62 x 3.078.6 x 10.1Carpet Free, Fireplace
Primary Bedroom(Main)4.62 x 3.3815.2 x 11.1Carpet Free, French Doors, Linen Closet
Bathroom(Main)1.85 x 2.646.1 x 8.7Carpet Free, Double Sink, Ensuite Bath, Tile Floor
Bathroom(Main)2.44 x 1.528.0 x 5.0Carpet Free, Tile Floor
Laundry(Main)2.46 x 1.78.1 x 5.6Carpet Free

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Unit 501 History

Complete transaction history for this unit

Expired

Listed: Feb 27, 2025

$939,000

61 days on marketSale
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5 More Transactions Available

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Price History

Original List Price

$939,900

Listed on Apr 30, 2025

Sold Price

$880,000

Sold on Jun 25, 2025

-$59,900

-6.4%

9 days on market

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Available For Sale in This Building

OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NameIsland Harbour Club
Address130 Water Street, Gananoque
Parking TypeOtherInside EntryReserved/Assigned

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About Unit 501 at Island Harbour Club

Unit 501 is a residential condo & other with 2 bedrooms, 2 bathrooms spanning approximately 1200-1399 square feet located at Island Harbour Club, 130 Water Street, Gananoque. This unit is currently sold (sold for $880K).

About Island Harbour Club

Island Harbour Club is located at 130 Water Street, Gananoque. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

05 - Gananoque Neighbourhood

This unit is located in 05 - Gananoque, part of Gananoque in the Leeds and Grenville area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at Island Harbour Club, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit 501 Island Harbour Club Gananoque

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