5 days on Market

21 River St, Parry Sound, Ontario P2A 2T7

Townhouse
9 + 9
7
~5000+ sqft
$875,000
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Townhouse
9 + 9
7
~5000+ sqft

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Highlights

Estimated ValueNot available

Price/Sqft$88/sqft

Est. Mortgage$3,758/mo

Tax Amount (2024)$4,380/yr

Days On Market5 days


Description

Affordable and Versatile Multi-Family Property in Parry Sound. This 23-room rooming house offers an unbeatable investment opportunity for families, retirees, or first-time investors. Located on a level lot with room for parking expansion, the property ensures added convenience for tenants and visitors alike. Enjoy the benefits of downtown living this property is just a short walk to shops, restaurants, and other amenities. Perfect for multi-generational living or as a cash-flow investment, it offers the flexibility to live in one unit while renting out others. Property Highlights: Top Floor: 7 rooms, 2 bathrooms (1 three-piece, 1 four-piece)Second Floor: 9 rooms, 2 bathrooms (1 three-piece, 1 four-piece)First Floor: 6 rooms, 2 bathrooms, kitchen area, and storage area Basement: Spacious kitchen, dining, living area, bedroom combo, and a 4-piece bath. Bonus: walk-up attic potential loft. With a vibrant community, room for growth, and strong income-generating potential, this property is a smart choice for anyone looking to invest in Parry Sounds thriving market. Schedule your viewing today!


Property Details

Style3-Storey
View-
Age of property51-99
SqFt~5000+ SqFt
Lot Size10,660 SqFt(164 x 65)
Parking Spaces6
MLS ®NumberX11915189
Community NameTown of Parry Sound
Data SourceTRREB
Listing byRoyal LePage Team Advantage Realty

Features

Heating: Baseboard
Basement: Apartment, Walk-Up

2nd Floor

2nd Br

3.80 x 2.99

Bathroom

3.49 x 1.59

4 Pc Bath

Bathroom

2.44 x 1.50

3 Pc Bath

Br

3.49 x 2.75


Features

Lot size: 10,660 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property History

Jan 9, 2025
ListedActive
$875,000
5 days on market
history photo preview39
Listing by trreb®
Property listed by Royal LePage Team Advantage Realty, Brokerage
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Population and Demographics

Overview

Total population 6601
Average household income $98,944

Age (%)

65 and plus
32%
50 to 64
22%
20 to 34
17%
0 to 19
16%
35 to 49
13%

Household composition (%)

Single family
54%
Single person
42%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
93%
Others
3%
French
2%
German
1%

House tenancy (%)

Owners
60%
Renters
40%

Schools and amenities

Estimated Budget