669 Rye Road, Parry Sound, ON

$1,780,000
MLS#:X12353410
4 beds
2 baths
1500-2000 sqft
10.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of Parry Sound. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,780,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a spacious lot (Feet)
  • Features a ["finished with walk-out", "separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Accessory Apartment, In-Law Suite, Primary Bedroom - Main Floor
  • equipped with ["none"] central cooling and highly efficient other heating via electric

Welcome to 669 Rye Road, South River - where opportunity meets urgency. The seller is motivated and ready to deal, so if you've been waiting for a sign to make an offer... this is it. Set on a massive 75.35 acres in unorganized Lount Township (Parry Sound District), this property isn't just big - it's wide-open potential. The 2-storey brick home (built 1992, nearly 2,000 sq ft) includes a self-contained apartment with separate entrance, making it ideal for multi-generational living, rental income, or on-site staff housing. Outside, you've got a detached double garage, a large livestock barn ready to be reimagined as storage (antique cars, equipment), a workshop, business space, or even a barn-style residential conversion. Think barndominium vibes with real acreage to back it up. The land itself? Straight out of a brochure: two stocked fish ponds, forested acreage, and a private lake - all delivering serious retreat, recreational, or income-generating potential. This property works whether you're an entrepreneur, investor, developer, or someone who just wants space and freedom. And here's where it gets interesting There's an option to purchase the adjoining 61 acres, complete with a licensed granite quarry. Continue quarry operations or pivot to campground, rental cottages, or residential development. Buy both parcels and you unlock the rare ability to live on site while running a business, or house management and staff right on the property. Location seals the deal: Sawmill only 1 km away Major lumber yard in Sundridge. Access to experienced local trades and workforce Former trout-farming ponds. Excellent hunting for small and big game. This is a true work-live-play setup, and opportunities like this do not sit forever - especially with a seller ready to move on due to health reasons. Seller is motivated. Bring an offer. Adjacent property X12353767 is also available. All buyers and agents to verify measurements.

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
2
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date8/19/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
CountyParry Sound
Annual Tax$315.28
Legal Descriptionsee documents

Parking & Garage

Parking Spaces10.0
Garage Spaces8
Garage TypeDetached

Heating & Cooling

Heat SourceElectric
Heat TypeOther
Cooling["None"]

Features

Property Features

Golf, Greenbelt/Conservation, Hospital, Marina, Place Of Worship, School

Community Features

Location

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669 Rye Road, Parry Sound, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 669 Rye Road, Parry Sound, ON P0A 1X0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$1,424,000
Monthly Mortgage$8,274
Property Tax (Est.)$26
Utilities & Maint.$350
Total Monthly Cost$8,650

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Parry Sound.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Parry Sound, Parry Sound.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$534,885

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Parry Sound Parry
Public111 Isabella Street, Parry Sound, Ontario, P2A 2G3
4.5
McDougall
Public69 Highway 124, McDougall Township, Ontario, P2A 2W7
5.2

Secondary Schools

Parry Sound Parry
Public111 Isabella Street, Parry Sound, Ontario, P2A 2G3
3.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.