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.
Features of 565 Emma Street
| MLS® # | X12423079 |
|---|---|
| Price | $799,900 |
| Bedrooms | 6 |
| Bathrooms | 3.00 |
| Square Footage | 2,500 |
| Acres | 0.00 |
| Type | Residential Freehold |
| Sub-Type | Triplex |
| Style | 2-Storey |
| Status | Active |
Community Information
| Address | 565 Emma Street |
|---|---|
| Area | Leeds and Grenville |
| Subdivision | 05 - Gananoque |
| City | Gananoque |
| Province | ON |
| Postal Code | K7G 2Y6 |
Amenities
| Parking Spaces | 5 |
|---|---|
| Garages | None |
| Is Waterfront | No |
| Pool | None |
Interior
| Heating | Baseboard |
|---|---|
| Cooling | None |
| Fireplace | No |
| Basement | Apartment, Full |
Exterior
| Exterior | Brick |
|---|
Listing Details
| Office | ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE |
|---|