57 Isabella Street, Parry Sound, ON

$95,000
MLS#:X12041366
0 beds
0 baths
< 700 sqft
Residential Freehold
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Property Highlights

Welcome to this remarkable vacant land located in the coveted neighborhood of Parry Sound. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $95,000 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.

  • 0 Bedrooms and 0 Bathrooms
  • Generous living space spanning < 700 sqft on a premium 54.14 x 132.22 ft lot
  • Notable attributes: None

Description

Fantastic development opportunity in the heart of Parry Sound! This vacant lot, zoned R2 offers incredible potential for a duplex or multi-unit residential build (subject to town approval). Conveniently located close to schools, shopping, parks and Georgian Bay, this property is ideal for investors or builders looking to capitalize on the growing demand for housing in the area. Municipal services are available at the lot line. Don't miss out on this prime location - start planning your project today!

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Property Summary

This vacant land located at 57 Isabella Street, Parry Sound is currently for sale and has been available on SousaSells for 480 days. This property is listed at $95,000 with an estimated mortgage of $316* per month. It has 0 beds, 0 bathrooms, and is < 700 square feet. 57 Isabella 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

000
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusExpired
Listed Date3/24/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size54.14 × 132.22 Feet
CountyParry Sound
Annual Tax$392.37
Legal DescriptionREG COMP LAND 338 PT LOT 69 RP 42R11913 PART 4

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Features

Property Features

Interior Features

None

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Community Features

Location

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57 Isabella Street, 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 57 Isabella Street, Parry Sound, ON P2A 1M4

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$28,500 (30.0%)
* Minimum Canadian down payment required for this price is $4,750.
Amortization Period30 Years
Estimated Monthly Payment$316Based on a loan of $66,500 over 30 years.
Purchase Price$95,000
Loan Amount$66,500
Provincial Land Transfer Tax:$675
Total Estimated Closing Taxes:$675

About Purchasing a Home in Parry Sound, ON

For a property listed at $95,000 in Parry Sound, the legal minimum down payment is $4,750 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 $675 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 $675.

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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.