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Listed 10 days ago

120 - 129 South Street

05 - Gananoque, Gananoque

$1,170,000

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

Welcome to Unit 120 at 129 South Street in Stone & South, a gorgeous 2-bedroom, 2-bathroom first-floor condo offering a beautiful combination of luxury, comfort and convenience in one of Gananoque's most desirable waterfront communities. This stunning unit has been thoughtfully upgraded throughout, beginning with the beautiful kitchen featuring an oversized island, upgraded appliances, stylish backsplash, under-cabinet lighting and plenty of storage and prep space. Pot lights, automatic blinds and an electric fireplace add to the polished feel of the open-concept living area, while soaring 10-foot ceilings create an incredible sense of space. The spacious primary suite features a walk-in closet and a beautifully appointed ensuite with both a separate tub and shower. A second bedroom and full bathroom provide excellent space for guests, family or a home office. One of the things that makes this particular unit so appealing is its quiet, private setting. Enjoy the convenience of first-floor living while still having a peaceful outlook and the exceptional lifestyle that Stone & South is known for. And a major bonus - this unit comes with TWO parking spaces and TWO storage lockers, an incredibly valuable and hard-to-find combination. Located just steps from the St. Lawrence River and within walking distance of downtown Gananoque, restaurants, shops and the waterfront, Unit 120 offers an exceptional opportunity to enjoy sophisticated condo living in the heart of the Thousand Islands

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$1,492
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces2
Parking FeaturesUnderground
Property Tax$10,866
mls© NumberX13827538
Listed ByCENTURY 21 HERITAGE GROUP LTD., BROKERAGE
Common Elements Included
Building Insurance Included
Parking Included
Water 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%
$5,989
Property tax
$905
Heat allowance
$150
Condo fees, half counted
$746
Housing costs
$7,790 / mo

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

Down payment20% · $234,000
25-yr amortization

Income needed

$240,000

gross annual household income

Payment at 4%
$4,924 / mo
Cash down
$234,000

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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