3 Olive Street, Parry Sound, ON
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Parry Sound. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $474,900 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 55.25 x 122.95 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Carpet Free, Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 3 Olive Street, a beautifully updated raised bungalow tucked away on a quiet dead-end street in the heart of Parry Sound. Offering three bedrooms, a thoughtfully designed main floor layout, and an impressive full basement with exceptional potential, this move-in-ready home combines modern updates with everyday comfort. Step inside to discover a bright and inviting living room that flows effortlessly into the dining area, creating an ideal space for everyday living and entertaining. The spacious eat-in kitchen offers ample cabinetry, updated appliances, and plenty of prep space. Patio doors provide a convenient walkout to the backyard deck, perfect for morning coffee, summer BBQs, and relaxing outdoors. The main floor features three comfortable bedrooms and a beautifully renovated 3-piece bathroom completed last year. Fresh paint throughout the home, including the walls, ceilings, trim, and closets, creates a bright, modern feel. The expansive lower level offers exceptional potential with nearly the entire footprint of the home available for storage or future finished living space. A wood stove provides efficient supplemental heat, while natural gas forced-air heating, a brand-new central air conditioner, new electrical panel, and brand-new owned hot water tank provide peace of mind for years to come. Outside, enjoy the privacy of having no immediate neighbours while relaxing in the spacious backyard complete with a deck and dedicated fire pit area, perfect for entertaining family and friends. Located just minutes from Georgian Bay boat launches, marinas, parks, the Fitness Trail, downtown Parry Sound, West Parry Sound Health Centre, shopping, restaurants, and everyday amenities, this property offers the perfect blend of convenience and peaceful living. Whether you're searching for your first home, looking to downsize, or dreaming of a year-round residence in beautiful Parry Sound, 3 Olive Street is ready to welcome you home.
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Property Summary
This detached home located at 3 Olive Street, Parry Sound is currently for sale and has been available on SousaSells for 2 days. This property is listed at $474,900 with an estimated mortgage of $1,581* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 3 Olive Street, Parry Sound is in the Parry Sound neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Beach, Golf, Hospital, Library, Marina, Park
Interior Features
Carpet Free, Other
Security Features
Community Features
Location
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 3 Olive Street, Parry Sound, ON P2A 2Y4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Parry Sound, ON
For a property listed at $474,900 in Parry Sound, the legal minimum down payment is $23,745 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $5,973 for this transaction. As this listing is in Parry Sound (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $5,973.
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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.