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Listed 19 days ago

311 - 129A South Street

05 - Gananoque, Gananoque

$1,248,000

Condo Apartment |
3 | 3 | 1 | 1
About this home

Embrace the quintessential Thousand Islands lifestyle at Stone & South, where the St. Lawrence River is your ever-changing backdrop. This coveted 3-bedroom plus den residence offers almost 1,500 sq. ft. of beautifully proportioned living space, with a large welcoming entrance, two bedroom suites and generous in-suite storage. Walls of windows on three sides fill the home with natural light while capturing spectacular river and island vistas. The thoughtfully designed layout provides an exceptional sense of space and privacy, with a primary suite featuring a 4-piece ensuite and walk-in closet, a secondary bedroom suite with its own 4-piece ensuite and generous walk-in closet, plus a third bedroom, powder room and versatile office/flex space. The open-concept living and dining areas extend seamlessly to a substantial wrap-around balcony- an idyllic setting for morning coffee, entertaining friends or watching the water change as dusk settles over the river. Step beyond your residence and into the lifestyle that makes Gananoque so special. Private dock access puts the St. Lawrence at your doorstep, whether boating, swimming, paddling or simply lingering waterside as the day comes to an end. Complete with a large in-suite laundry room, heated indoor parking space and private storage locker, this is waterfront condominium living at its finest- a rare opportunity to make the beauty, freedom and timeless appeal of the Thousand Islands part of everyday life.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1400-1599 sq. ft.
Maintenance Fees$1,700
LockerExclusive
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$11,293
mls© NumberX13792760
Listed BySOTHEBY'S INTERNATIONAL REALTY CANADA
Water Included
Common Elements Included
Building Insurance Included
Parking 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%
$6,388
Property tax
$941
Heat allowance
$150
Condo fees, half counted
$850
Housing costs
$8,329 / mo

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

Down payment20% · $249,600
25-yr amortization

Income needed

$256,000

gross annual household income

Payment at 4%
$5,252 / mo
Cash down
$249,600

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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