37 Parry Sound Road, Parry Sound, ON

$199,900
MLS#:X12358553
2 beds
1 baths
< 700 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Parry Sound. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $199,900 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning < 700 sqft on a premium 100 x 74 ft lot
  • Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: None
  • Efficient baseboard heating via electric

Description

Opportunity Knocks - 2 Bedroom starter home or Rental Property in Parry Sound. 0.185 Acres. Close to The Hospital, Boat Launch, Park and shopping. Good parking. Newer roof. 200 Amp Panel. Some TLC required. Closing subject to completion of Lot Addition Severance Application. Vendor will consider VTB to a qualified buyer.

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Property Summary

This detached home located at 37 Parry Sound Road, Parry Sound is currently for sale and has been available on SousaSells for 330 days. This property is listed at $199,900 with an estimated mortgage of $665* per month. It has 2 beds, 1 bathroom, and is < 700 square feet. 37 Parry Sound Road, 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

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusExpired
Listed Date8/21/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionAluminum Siding
BasementCrawl Space
Lot Size100 × 74 Feet
CountyParry Sound
Annual Tax$1,550.26
Legal DescriptionPT LT 13 S/S PARRY SOUND RD PL 63 AS IN RO182876; PARRY SOUND

Parking & Garage

Parking Total4.0
Parking Space4
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingNone

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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37 Parry Sound 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 37 Parry Sound Road, Parry Sound, ON P2A 2M5

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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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Parry Sound.

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Interest Rate4.00%
Down Payment$59,970 (30.0%)
* Minimum Canadian down payment required for this price is $9,995.
Amortization Period30 Years
Estimated Monthly Payment$665Based on a loan of $139,930 over 30 years.
Purchase Price$199,900
Loan Amount$139,930
Provincial Land Transfer Tax:$1,724
Total Estimated Closing Taxes:$1,724

About Purchasing a Home in Parry Sound, ON

For a property listed at $199,900 in Parry Sound, the legal minimum down payment is $9,995 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 $1,724 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 $1,724.

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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$543,564

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

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Secondary Schools

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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.