$399,000
ULS: 27373140
Apartment - Condominium
for sale
261 Rue Merry S. app. CS-303, Magog
Rare opportunity on the shores of Lake Memphremagog. Fully furnished condo allowing short-term rentals, located directly on the lake in a highly sought-after setting. A turnkey property combining resort-style living with attractive income potential, offering access to full amenities including pools, spa, sauna, fitness centre, private beach, BBQ areas, and year-round activities. Just a short walk from downtown. Available immediately.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Number of rooms
6
Living area
628.29 ft²
Property features
2
Bedrooms
1
Bathroom
Addendum
-- SHORT-TERM RENTALS PERMITTED
-- EXCELLENT INVESTMENT OPPORTUNITY
Offering an income potential of approximately $44,000+ per year, based on comparable neighboring units used for short-term rentals. A rare chance to generate strong returns while enjoying all the attractions of Lake Memphremagog and downtown Magog, both just a short walk away from the very center.
This bright lakeside condo offers a complete resort-style environment, a strategic location, and access to an abundance of highly sought-after amenities in the region. The living spaces are comfortable, and the condo is sold fully furnished: two bedrooms, one with a Queen bed, a second with a double bed, as well as a mezzanine equipped with a double Murphy bed to accommodate family and guests.
The shared facilities are among the most comprehensive in Magog :
- Indoor heated saltwater pool and outdoor pool
- Spa
- Sauna
- Fitness room
- Laundry room in each building
- Covered area with multiple BBQs, refrigerators, tables, and chairs under the shelter
- Outdoors: private beach, volleyball area, swings (some covered), children's play structures, lounge chairs, picnic tables, boat dock ($), electric car charging station ($)
The condominium fees offer maximum peace of mind, covering maintenance of the pools, spa, common areas, lawn care, snow removal, chimney sweeping, condominium insurance, hot water, basic cable, and Wi-Fi.
The contingency fund is solid, and proactive management contributes to the overall upkeep and quality of the complex.
Thanks to the combination of all amenities, short-term rental possibilities, and the lakefront location, this condo can easily generate attractive income while allowing full enjoyment of the site's many features, year-round.
A rare property in one of Magog's most sought-after areas.
I will be happy to show it to you.
-- EXCELLENT INVESTMENT OPPORTUNITY
Offering an income potential of approximately $44,000+ per year, based on comparable neighboring units used for short-term rentals. A rare chance to generate strong returns while enjoying all the attractions of Lake Memphremagog and downtown Magog, both just a short walk away from the very center.
This bright lakeside condo offers a complete resort-style environment, a strategic location, and access to an abundance of highly sought-after amenities in the region. The living spaces are comfortable, and the condo is sold fully furnished: two bedrooms, one with a Queen bed, a second with a double bed, as well as a mezzanine equipped with a double Murphy bed to accommodate family and guests.
The shared facilities are among the most comprehensive in Magog :
- Indoor heated saltwater pool and outdoor pool
- Spa
- Sauna
- Fitness room
- Laundry room in each building
- Covered area with multiple BBQs, refrigerators, tables, and chairs under the shelter
- Outdoors: private beach, volleyball area, swings (some covered), children's play structures, lounge chairs, picnic tables, boat dock ($), electric car charging station ($)
The condominium fees offer maximum peace of mind, covering maintenance of the pools, spa, common areas, lawn care, snow removal, chimney sweeping, condominium insurance, hot water, basic cable, and Wi-Fi.
The contingency fund is solid, and proactive management contributes to the overall upkeep and quality of the complex.
Thanks to the combination of all amenities, short-term rental possibilities, and the lakefront location, this condo can easily generate attractive income while allowing full enjoyment of the site's many features, year-round.
A rare property in one of Magog's most sought-after areas.
I will be happy to show it to you.
Building details and property interior
Year constructed
1984
Living area
628.29 ft²
Windows
Wood, PVC
Window Type
Casement, French door
Siding
Wood
Roofing
Asphalt shingles
Kitchen Cabinets
Wood
Lot and exterior features
Topography
Flat
Distinctive Features
Resort/Cottage
Driveway
Asphalt
Pool
Inground, Indoor, Private spa, Heated
Proximity
Highway, Daycare centre, Golf, Hospital, Park, Bicycle path, Elementary school, Alpine skiing, High school, Cross-country skiing, Public transportation, Other
Room details
Kitchen
Level:
1st level/Ground floor
Dimensions:
7'11" X 11'8"
Flooring:
Hardwood
Details:
Living room
Level:
1st level/Ground floor
Dimensions:
13'8" X 16'8"
Flooring:
Hardwood
Details:
Bathroom
Level:
1st level/Ground floor
Dimensions:
6'3" X 7'3"
Flooring:
Vinyl
Details:
Primary bedroom
Level:
1st level/Ground floor
Dimensions:
22'7" X 9'11"
Flooring:
Vinyl
Details:
Bedroom
Level:
2nd level
Dimensions:
14'9" X 9'8"
Flooring:
Hardwood
Details:
Mezzanine
Level:
2nd level
Dimensions:
13'5" X 9'11"
Flooring:
Vinyl
Details:
Characteristics
Heating System
Convection baseboards, Electric baseboard units
Heating Energy
Wood, Electricity
Fireplace-Stove
Fireplace - Other
Property or unit amenity
Indoor storage space, Wall-mounted air conditioning, Private balcony, Fire detector (N), Intercom, Furnished
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2025)
- Building assessment
- $ 327,200
- Total
- $ 327,200
Taxes
- Municipal (2025)
- $ 2,374
- School (2025)
- $ 169
- Total
- $ 2,543
Annual expenses
- Common expenses
- $ 0
- Condominium fees
- $ 7,440
- Total
- $ 7,440
Inclusions and exclusions
Inclusions
Stove, refrigerator, dishwasher, microwave, all furniture, televisions, beds, wall-mounted air conditioner, curtain rods, curtains.
Exclusions
The owner's personal belongings.
Mortgage payment calculator
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