Are you ready for maintenance free living, or an Investor looking for a fabulous year round rental? Look no further! This spacious 1400+ square foot 2 bedroom / 2 full bath is located on the shores of the St. Lawrence River in the heart of the Thousand Islands. Equipped with a front & back patio with river views on both sides, as well as from your living/dining room. Carpet free throughout, with plenty of storage. 2nd bedroom can be used as a den/office. This building boasts secured entrances, 2 elevators, heated underground parking, and communal library section on each floor. A hop away from the Municipal Marina where you can dock your vessel seasonally. Launch your kayak steps from the front door, and enjoy summer concerts in Joel Stone park every weekend in the summer months. If you're an avid cyclist, the 1000 Island Parkway is just a short ride from the condo. This is the perfect place to live if you enjoy River life, mixed with an abundance of great restaurants, theatre, shopping, and much more. Vacant possession available by February 1, 2027
2 bedrooms, 2 bathrooms, about 1,400 sq ft, works out to roughly $350 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 130 Water St #316
Every detail from the listing, in one place.
Type
Condo
Style
1 Storey/Apt
Living space
1400-1599 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
1 Storey/Apt
Property class
Condo Apartment
130 Water St #316 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14181232$489,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 130 Water St #316 Compares to the Gananoque Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,407
/mo
based on the purchase price of $489,900
$97,980 cash
$391,920 financed
$330,100 total interest
Principal54%$391,920
Interest46%$330,100
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Gananoque
Other 1–2 bed homes for sale in Gananoque around $490K.
Average days on market55Homes sold in about 55 days on average.
Sale-to-list ratio95.4%On average, homes sold below asking.
Active listings59Homes for sale here right now.
Median vs prior 90 days−12.3%Compared with May 18 – Aug 16, 2026: prices down.
Based on 36 sales from Aug 16 – Nov 14, 2026 (37 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
4 for sale at 130 Water St — plus its sale and lease history.
130 Water St #316 is listed at $489,900 (MLS® X14181232). Summitly updates the price as soon as the MLS® record changes.
Is $489,900 a good price for 130 Water St #316?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Gananoque. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 130 Water St #316 changed?
No — 130 Water St #316 is still listed at its original asking price of $489,900.
How many bedrooms and bathrooms does 130 Water St #316 have?
130 Water St #316 has 2 bedrooms and 2 bathrooms, with about 1,400–1,599 square feet of living space. It is a condo in Gananoque.
How much would the monthly mortgage be on 130 Water St #316?
About $2,407 a month — principal and interest on $489,900 with 20% down ($97,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 130 Water St #316 compare with other homes in Gananoque?
Its asking price of $489,900 is about 4% above the median sold price in Gananoque over the last 90 days, $469,250, across 36 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 130 Water St #316 been sold before?
Summitly has no earlier MLS® sale or lease of 130 Water St #316 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 130 Water St #316?
130 Water St #316 is in Gananoque, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 130 Water St #316 been on the market?
1 day — 130 Water St #316 was listed on November 13, 2026.
What is the price per square foot of 130 Water St #316?
About $306 to $350 per square foot: the asking price of $489,900 over the 1,400–1,599 sq ft the listing gives as its size range.
Does 130 Water St #316 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
Does 130 Water St #316 have a basement, and is it finished?
The listing says 130 Water St #316 has no basement.
