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Price Change$899,000

406 - 129A South Street

05 - Gananoque, Gananoque

$824,900

Condo Apartment |
2 | 2 | 1 | 1
About this home

Downsize without sacrificing the water. 2 bedroom 2 bathroom Condominium available with flexible possession. Imagine spending the summer by the river with marina access and within walking distance of everything you need to enjoy the beauty and charm of this unique area. Your condo features hardwood and ceramic floors, a chef's dream kitchen with an extended island and added cupboard space, in-suite laundry, an ensuite bathroom with heated floors and most importantly, a panoramic view of the St. Lawrence River with a wraparound balcony to fully enjoy it. Click through the photos or take the tour to see how the outdoors pours into all the bright, airy spaces. Temporary rain keeping you indoors? Slip downstairs to the common room for a game of pool or some social interaction, hit the high-end gym/workout space or simply watch the clouds roll by from your floor to ceiling windows. Walk to the Thousand Islands Playhouse, restaurants and all the cultural panache Gananoque has to offer. Your storage locker is just down the hall for easy access. The perfect setup for years of enjoyment is waiting for you.

Extras

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Contact Macallum directly.

agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$1,209
LockerExclusive
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$9,237
mls© NumberX12878210
Listed BySOTHEBY'S INTERNATIONAL REALTY CANADA
Common Elements Included
Parking Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,222
Property tax
$770
Heat allowance
$150
Condo fees, half counted
$604
Housing costs
$5,746 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $164,980
25-yr amortization

Income needed

$177,000

gross annual household income

Payment at 4%
$3,471 / mo
Cash down
$164,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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