$2,699,000
Est. payment $11,951/moCalculate yours
245 Wallace Island, Leeds and the Thousand Islands, ON K0E 1L0
04 - The Islands, Leeds and the Thousand Islands, ON K0E 1L0
- 4 Beds
- 4 Baths
- 2,000 Sq Ft
Listing courtesy of REDMOND REALTY LTD., BROKERAGE MLS® X13638040
About this home
Rarely does a property combine luxury finishes, unmatched docking, spectacular views, and exceptional privacy in one of the St. Lawrence River’s most sought-after island locations. A truly one-of-a-kind Thousand Islands waterfront estate. Experience exceptional island living on this spectacular 2.5-acre private island in the heart of the Thousand Islands. Extensively renovated, this turnkey waterfront retreat offers luxury, privacy, and world-class boating. The beautifully redesigned cottage features two primary suites with ensuites, a custom chef’s kitchen with premium appliances, open-concept living spaces, spa-inspired wellness area with steam shower, sauna, hot tub, Sonos audio, Starlink internet, and seamless indoor/outdoor living with panoramic 230-degree river views. A boater’s dream, the property boasts approximately 115 feet of PVC docking, a double boathouse with two lifts, four Sea-Doo lifts, protected concrete docks, a unique hidden creek marina, and an additional deep-water south dock. Extensive landscape lighting professionally designed outdoor entertaining areas, irrigated grounds, and low-maintenance construction complete this remarkable offering. You have earned a remarkable get-a-way property with stunning views of the river, the international bridge lite up at night and a summer home set amongst some of the most beautiful homes on the St Lawrence River, do not let this opportunity drift by
Property details
Overview
- Property Type
- Detached
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 2,000 sqft
Interior
- Bedrooms
- 4
- Bathrooms
- 4
- Kitchens
- 1
- Basement
- None, Crawl Space
Building & Systems
- Heating
- Heat Pump (Electric)
- Cooling
- Central Air
- Exterior
- Hardboard
- Foundation
- Other
- Roof
- Asphalt Shingle
- Water
- Other
- Sewer
- Septic
Lot & Parking
- Lot Size
- 1165 x 649.58 Feet
- Parking
- None garage
Financial
- Property Taxes
- $10,128 (2025)
Location
- Neighbourhood
- 04 - The Islands
- Cross Street
- SOUTH SIDE OF WALLACE ISLAND FACING HILL ISLAND
- Direction Faces
- South
Listing
- MLS® Number
- X13638040
- Days on Market
- 74
- Listed On
- 2026-08-05
- Possession
- FLEXIBLE
- Listed By
- REDMOND REALTY LTD., BROKERAGE
Rooms
Features
Interior
- Carpet Free
- Primary Bedroom - Main Floor
Pool
- None
- Included
- Seller to provide a list of inclusions
- Excluded
- All artwork, Seller to provide a more complete list of exclusions
- Rental items
- NONE
Mortgage calculator
Estimated mortgage payment
$11,951 per month
- Principal and interest
- $11,951
- Property tax
- $844
- Condo fees
- $0
- Estimated monthly cost
- $12,795
Your mortgage
- Mortgage amount
- $2,159,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $1,425,976
Cash to close
- Down payment
- $539,800
- Land transfer tax
- $53,950
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $593,750
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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