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 $1,590,000 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.
Development Opportunity | Parry Sound, Ontario. A rare and exceptional offering in the heart of Parry Sound, this expansive ~23-acre parcel presents a premier development opportunity with desirable R2(h) zoning and waterfront on McCurry Lake. Previously held by the Town of Parry Sound and now available to the public for the first time, this property represents one of the most significant in-town landholdings to come to market in recent years. The site offers a large, contiguous footprint within municipal boundaries, ideal for a thoughtfully planned low-density residential subdivision. The property benefits from year-round access via a municipally maintained road and features favourable topography with elevated areas, offering the potential for upper-level Georgian Bay views. R2 Zoning permits a range of residential uses including: Single detached dwellings, Semi-detached dwellings, Duplexes,Accessory residential units. Positioned in a growing and evolving area, the property is ideally located near the future Marriott Hotel development and within close proximity to key lifestyle amenities including Parry Sound harbour & boat launches, the Fitness Trail, downtown shops & restaurants and West Parry Sound Health Centre. Additionally, convenient access to Highway 400, Northern Ontario's primary corridor connecting Toronto to Sudbury, ensures excellent regional connectivity. This is a strategic investment opportunity combining scale, location, zoning flexibility and natural features-perfect for developers or investors looking to shape a residential community in one of Northern Ontario's most desirable towns. HST in addition to the purchase price.
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 0 Emily Street, Parry Sound, ON P2A 2W8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Parry Sound.
About Purchasing a Home in Parry Sound, ON
For a property listed at $1,590,000 in Parry Sound, the legal minimum down payment is $318,000 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 $28,275 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 $28,275.
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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.