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Listed 2 months ago

620 - 129B South Street

05 - Gananoque, Gananoque

$989,800

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

Discover a once-in-a-lifetime opportunity! This formerly exclusive, beautifully appointed Top-Floor Luxury 2-bedroom, 2-bathroom condominium is now available, offering a prime waterfront position with spectacular, unobstructed views of the St. Lawrence River and the Thousand Islands. Experience a refined and comfortable lifestyle where the beauty of the water is a constant, breathtaking companion. This residence stands out with its exceptional, enhanced layout. The open-concept common spaces create a sense of spaciousness and flow, perfect for modern living. A significant upgrade to the second bedroom provides the ultimate in comfort and convenience, featuring a desirable walk-in closet and a beautifully renovated bathroom - essentially offering two luxurious master suites. Other features include 10 ft ceilings and 8 ft doors, natural gas to both the kitchen stove and outdoor balcony and Duradek balcony flooring. Easy access to all the building amenities: Exercise Room, Party room, Marina with designated swim area and of course the heated underground garage. The building, a testament to contemporary design and quality, was newly constructed in 2022, utilizing premium materials and expert craftsmanship. Enjoy the peace of mind that comes with a modern, well-built residence. Nestled in a coveted waterfront location, you'll also benefit from convenient access to Gananoque's charming downtown shops, diverse amenities, and vibrant community life. This is more than just a condominium; it's an invitation to embrace a relaxed, elegant, and truly picturesque riverside pace of life. Don't miss this rare chance to own a piece of waterfront paradise.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$1,322
LockerOwned
BalconyTerrace
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$9,908
mls© NumberX13606284
Listed BySOTHEBY'S INTERNATIONAL REALTY CANADA
Water Included
Building Insurance Included
Common Elements 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%
$5,066
Property tax
$826
Heat allowance
$150
Condo fees, half counted
$661
Housing costs
$6,703 / mo

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

Down payment20% · $197,960
25-yr amortization

Income needed

$206,000

gross annual household income

Payment at 4%
$4,165 / mo
Cash down
$197,960

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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