245 Wallace Island, Leeds and the Thousand Islands, ON K0E 1L0
Leeds and the Thousand Islands, ON K0E 1L0
Quick cost estimateKnown monthly subtotal$13,402.01 / monthLand transfer tax $53,950One-time estimate
Quick cost estimate
$13,402.01 / monthKnown monthly subtotal
- Mortgage principal & interest
- $12,558.01
- Property tax / month
- $844
- Maintenance / month
- Period / amount not reported
Assumes 20% down, 5% annual interest and 25-year amortization. Illustrative rate, not a current quote.
Unknown expenses excluded. Mortgage insurance and closing costs are excluded; add insurance and utilities in the assumptions.
Land transfer tax · one time
- Transfer tax total
- $53,950
Before rebates, surcharges and fees. Not part of the monthly subtotal.
Tax assumptions & breakdown
Toronto municipal land transfer tax does not apply to this listing outside the City of Toronto.
- Ontario tax
- $53,950
- Toronto municipal tax
- $0
Current purchase scenario, before rebates, foreign-buyer taxes and fees. Confirm residence classification. Not historical tax paid; excluded from the monthly subtotal.
Ontario rates · Toronto rates (April 2026)
Eligible first-time purchasers may qualify for an Ontario land transfer tax refund of up to $4,000. Toronto buyers may also qualify for a separate municipal rebate of up to $4,475. Eligibility varies and these maximums are not guaranteed savings. See official eligibility links and details.
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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
Home details
- Days on market
- Not reported
- Property type
- Detached
- MLS® number
- X13638040
- Source status
- New
- Bedrooms
- 4
- Bathrooms
- 4
- Postal code
- K0E 1L0
- Kitchens
- 1
- Kitchens above grade
- 1
- Kitchens below grade
- 0
- Family room / den
- Yes
- Interior size (reported range)
- 2000-2500
- Lot size
- 2-4.99 acres (reported range)
- Lot depth
- 649.58 ft
- Garage parking spaces
- Not reported
- Total parking spaces
- 0
- Occupancy
- Owner
- Possession type
- Flexible
- Garage
- None
- Annual property tax
- 10128
- Basement
- None, Crawl Space
- Interior features
- Carpet Free, Primary Bedroom - Main Floor
- Exterior features
- Deck, Fishing, Hot Tub, Landscape Lighting, Landscaped, Seasonal Living
- Architectural style
- 2-Storey
- Parking features
- Private
- Pool features
- None
- Fireplace
- Yes
- Waterfront
- Yes
- Garage available
- No
- Heating system
- Heat Pump
- Heating fuel
- Electric
- Cooling
- Central Air
- Sewer
- Septic
- View
- Trees/Woods, River, Bridge
- Direction facing
- South
- Construction materials
- Hardboard
- Roof
- Asphalt Shingle
- Foundation
- Other
- MLS entry age (not confirmed DOM)
- 93 days
These details come from the listing source. Please confirm measurements and fees before making a decision.
Utilities and services
- Sewer
- Septic
- Heating system
- Heat Pump
- Heating fuel
- Electric
- Cooling
- Central Air
A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.
Rooms & virtual tours
Loading source-reported room dimensions…
Converted measurements are approximate. Levels and dimensions are shown only when supplied.
- Bedrooms above grade
- 4
- Bedrooms below grade
- 0
- Rooms above grade
- 12
- Rooms below grade
- 0
- Den / family room reported
- Yes
Reported counts are shown independently. Room dimensions have not been inferred from these counts.
Ask the listing brokerage for floor plans and measured room layouts.
Listing dates & price record
- Asking amount
- $2,699,000
Original MLS entry
Entry into the source MLS system; distinct from days on market.
Coverage varies by listing. Dates are source-reported calendar dates; only the latest reported asking-price change is shown. This is a partial record.
Explore sold records with approved VOW access →Nearby homes sold near 245 Wallace Island, Leeds and the Thousand Islands, ON K0E 1L0, Leeds and the Thousand Islands
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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.
Explore affordability & closing-cost tools →Map and neighbourhood
- Region / county
- LEEDS AND GRENVILLE
- Municipality
- LEEDS AND THE THOUSAND ISLANDS
- MLS® community
- 04 - The Islands
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Around this property
Schools, transit & everyday places
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Nearby schools
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Transit near this property
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Nearby shops & amenities
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Similar homes for sale in Leeds and the Thousand Islands
Current public IDX listings in the same city and transaction type. These are alternatives to explore, not sold comparables or an appraisal.
Property questions
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Measurements, lot details and features are displayed as reported by the listing source or a named public dataset. Missing facts are not inferred. Confirm material details with the listing brokerage.
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They are nearby records from the displayed source datasets. Distances are approximate straight-line distances; school catchment eligibility, ratings, walking routes, hours and live transit service are not inferred.
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How should I use the monthly cost estimate?
It is a planning estimate based on the visible assumptions and reported property figures. It is not a lender quote, tax assessment, legal opinion or mortgage approval.
Home and neighbourhood overview
245 Wallace Island, Leeds and the Thousand Islands, ON K0E 1L0, Leeds and the Thousand Islands is listed for sale as a Detached. The listing reports 4 bedrooms, 4 bathrooms, reported interior area of 2000-2500 (units not reported), kitchens reported as 1, parking spaces reported as 0, lot size reported as 2-4.99 acres (reported range). Asking price: $2,699,000. Occupancy is reported as Owner. Review the Home details, room measurements and utility sections below to compare reported specifications; confirm important details with the listing brokerage. MLS® X13638040.
Local context
Explore the area: Leeds and the Thousand Islands · 04 - The Islands.
This overview uses facts reported by the listing and named local sources. Please confirm details with the listing brokerage.
Listing brokerage: REDMOND REALTY LTD., BROKERAGE. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13638040. Information deemed reliable but not guaranteed.