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1 / 0
New4 days ago

218 - 129B South Street

05 - Gananoque, Gananoque

$560,000

Condo Apartment |
1 | 2 | 1 | 0
About this home

Welcome to carefree waterfront living Gananoque, nestled along the stunning St. Lawrence River. This beautifully appointed 1-bedroom plus den condo offers an exceptional lifestyle in a newer, upscale building just steps from the water. Designed with comfort and style in mind, the open-concept layout features an upgraded kitchen with quality finishes, seamlessly flowing into the bright living and dining areas. Engineered hardwood floors run throughout, creating a completely carpet-free space that is both elegant and easy to maintain. The spacious primary bedroom is complemented by a full ensuite bathroom, while a convenient powder room adds flexibility for guests. The den provides the perfect spot for a home office, reading nook, or overnight visitors. Residents enjoy outstanding amenities, including a waterfront park and scenic walking trail, a well-equipped gym, and a fantastic community party room complete with a pool table and full kitchen - ideal for entertaining. A communal BBQ area invites outdoor gatherings, and secured underground parking offers added convenience and peace of mind. All of this within walking distance to the waterfront, the renowned Thousand Islands Playhouse, as well as local restaurants and boutique shops. An exceptional opportunity to enjoy low-maintenance living in one of Eastern Ontario's most picturesque communities. Please note: property taxes are currently being reassessed and are expected to be reduced - call for further details.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
Style1 Storey/Apt
Approx. Age0-5
Size800-899 sq. ft.
Maintenance Fees$927
LockerNone
BalconyOpen
ExposureSouth
Parking TypeAttached
Parking Spaces1
Parking FeaturesInside Entry, Underground
Property Tax$7,205
mls© NumberX13848100
Listed ByROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
Heat Included
Water Included
Common Elements Included
Building Insurance Included
Parking Included
Condo Taxes 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%
$2,866
Property tax
$600
Heat allowance
$150
Condo fees, half counted
$464
Housing costs
$4,080 / mo

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

Down payment20% · $112,000
25-yr amortization

Income needed

$126,000

gross annual household income

Payment at 4%
$2,357 / mo
Cash down
$112,000

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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