Watermark Cottages 345 Thousand Islands Pky 10 Room Hotel Leeds and The Thousand Islands, ON K7G 2T6 $3,790,000 CAD ($379,000 CAD/Room)

Positioned along the Thousand Islands Parkway between Gananoque and Ivy Lea, Watermark Cottages occupies approximately 3.5 acres with over 700 feet of frontage on the St. Lawrence River. Set within a sheltered bay in the heart of the Thousand Islands, the property combines protected waterfront, extensive dockage, and a collection of five fully appointed guest cottages operating within a recognized tourism destination.
A substantial stone breakwall forms a protected harbour along the shoreline, creating calm dockage and direct access to the river. The waterfront accommodates swimming, boating, fishing, paddling, and a variety of recreational experiences while maintaining a sense of privacy within the surrounding landscape.


Waterfront Resort • Cottage Resort • Thousand Islands • Hospitality Investment • Boutique Resort • Tourism Property • Waterfront Accommodation • Retreat Property • St. Lawrence River • Ontario Resort • Experiential Tourism • Waterfront Development Opportunity
The property is improved with five self-contained cottages positioned to maximize views of the water and surrounding islands. Existing infrastructure supports continued hospitality operations while providing flexibility for future repositioning or expansion, subject to approvals.
Tourist Commercial zoning permits a broad range of hospitality, tourism, and recreational uses. The property’s scale, waterfront presence, and established infrastructure support a variety of opportunities, including continued cottage resort operations, boutique hospitality concepts, wellness and retreat programming, experiential tourism, corporate retreats, and multi-generational family compounds.
Located minutes from Gananoque, Ivy Lea, and the Thousand Islands International Bridge, the property benefits from proximity to major tourism attractions while remaining easily accessible from Ottawa, Kingston, Toronto, Montreal, and the northeastern United States.
Investment Highlights
* Approx. 3.5-acre waterfront property
* Over 700 feet of frontage on the St. Lawrence River
* Five fully appointed guest cottages
* Protected harbour with extensive dockage
* Stone breakwall shoreline improvements
* Tourist Commercial zoning permitting a broad range of hospitality and tourism uses
* Located within the internationally recognized Thousand Islands tourism region
* Minutes to Gananoque, Ivy Lea, Highway 401, and the U.S. border
* Opportunity for continued operation or future hospitality-focused redevelopment