Residentiae.
For Sale · Toronto

550 QUEEN STREET EAST

Toronto · K7G2B1

$1,680,000

5Bedrooms
4Bathrooms
20Parking
3,000Sq Ft
1Storeys

About this residence

Imagine owning a slice of paradise in the heart of the Thousand Islands, home to scenic trails, stunning waterfront views, and pristine beaches! Welcome to 550 Queen Street in Gananoque, an over 5000 sq. ft., stunning custom-built waterfront estate for all the seasons on the serene Gananoque River. This expansive 4+1 bedroom home, nestled on a sprawling 4+ acre lot, boasts generously proportioned rooms, providing ample space for every family member to unwind and create lasting memories. With an inviting open-concept design, enjoy seamless flow between the chefs kitchen, dining, and family room. Host unforgettable gatherings on the large patio, or in the expansive 1158 square foot recreation room-ideal for entertaining guests, or enjoying quiet evenings with loved ones. Every window frames picturesque views of your private paradise, inviting you to immerse yourself in nature's beauty. Picture waking up to breathtaking riverfront views, spending sunny afternoons entertaining, unwinding by your inground pool, and enjoying direct waterfront access ideal for boating, fishing, or paddle sports. For those who cherish their hobbies, or need extra space for vehicles, this property boasts 2 garages with over 5 garage parking spaces and a separate workshop-ensuring ample storage solutions tailored to your lifestyle. With its charming locale, the home is conveniently located near all amenities: a stroll downtown, to nearby schools and parks, marina, and a vibrant arts and culture community and scene. This home is perfect for those seeking both tranquility, community, and convenience located within a short driving distance to Ottawa, Kingston, and the GTA. True magic lies in the home's potential: develop, expand, or simply revel in the beauty of your surroundings. Seize this opportunity to own a stunning treasure in eastern Ontario's most stunning waterfront community. Don't just dream it; live it! Experience this stunning property, schedule a visit today, and be captivated. (id:61366)

Property details

Property type
Single Family
Style
House
Ownership
Freehold
Bedrooms
5 (4 above, 1 below)
Bathrooms
4 (1 half)
Storeys
1
Living area
3,000–3,500 sq ft
Lot size
955 x 412 Acre ; lot size irregular
Parking
20 spaces
Annual tax
$8,883
MLS®
X12100328
Board
Toronto
Status
Inactive
Listed
Apr 24, 2025
Updated
Oct 22, 2025

Room dimensions

RoomLevelDimensions
Living roomMain level7.32 × 5.49 m
BathroomMain level3.63 × 1.78 m
BathroomMain level2.16 × 1.5 m
Laundry roomMain level4.2 × 4.12 m
Recreational, Games roomLower level18.84 × 8.23 m
BedroomLower level5.06 × 4.76 m
BathroomLower level3.45 × 2.41 m
Utility roomLower level3.54 × 3.44 m
Cold roomLower level3.47 × 2.96 m
OtherLower level11.8 × 8.48 m
OtherLower level12.03 × 8.83 m
Dining roomMain level5.98 × 4.17 m
KitchenMain level5.78 × 4.1 m
DenMain level6.58 × 4.36 m
FoyerMain level3.25 × 1.87 m
Primary BedroomMain level8.66 × 5.5 m
BedroomMain level5.31 × 4.78 m
BedroomMain level4.54 × 3.72 m
BedroomMain level4.56 × 3.05 m
BathroomMain level5.32 × 3.65 m

Features & finishes

Appliances

  • Washer
  • Refrigerator
  • Dishwasher
  • Dryer
  • Stove
  • Microwave
  • Window Coverings
  • Garage door opener
  • Garage door opener remote(s)

Heating

  • Forced air
  • Natural gas

Cooling

  • Central air conditioning

Basement

  • Finished

Exterior

  • Brick
  • Wood

Foundation

  • Block

Parking

  • Attached Garage
  • Garage

Lot

  • Irregular lot size
  • Carpet Free

Sewer & Utilities

  • Sanitary sewer
  • Cable
  • Electricity
  • Sewer

Views

  • River view
  • View of water
  • Direct Water View

Pool

  • Inground pool

Architecture

  • Bungalow

Financing

Mortgage calculator

Estimated monthly payment

$7,857/mo

Amortization

Loan amount

$1,344,000

Down payment

$336,000

Estimate only. Rates and terms vary by lender and qualification.

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Location & area

Toronto

About the area

Census · K7G
8,740
Population
54
Median age
$77,500
Median income
$400,000
Median home value
74%
Home ownership
24 min
Avg. commute

Age distribution

0–14
12%
15–24
8%
25–44
19%
45–64
30%
65+
30%

Tenure

74% owners26% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

Powered by Neighbourly.io
Good to know

Frequently asked questions

What is the asking price for 550 QUEEN STREET EAST?

550 QUEEN STREET EAST is listed for $1,680,000, in Toronto.

How many bedrooms and bathrooms does 550 QUEEN STREET EAST have?

It offers 5 bedrooms and 4 bathrooms (including 1 half-bath).

What type of home is 550 QUEEN STREET EAST?

550 QUEEN STREET EAST is a Single Family, House set over 1 storey.

How large is 550 QUEEN STREET EAST?

The home offers approximately 3,000–3,500 sq ft of living space on a lot measuring 955 x 412 Acre ; lot size irregular.

What would the monthly mortgage payment be?

With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $7,857. Use the mortgage calculator above to model your own scenario.

What are the annual property taxes?

Property taxes are approximately $8,883 per year.

Is there parking?

Yes — 550 QUEEN STREET EAST includes 20 parking spaces.

What is the Toronto area like?

Toronto has a population of about 8,740, a median age of 54, a 74% home-ownership rate, with an average commute of about 24 minutes.

What is the average home value in Toronto?

The median dwelling value in this area is approximately $400,000, based on census data via Neighbourly.

What is the median household income in Toronto?

The median household income in this area is approximately $77,500.

Private viewings

Arrange a private viewing of 550 QUEEN STREET EAST.

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