1 Georgian Bay Avenue, Unit 105, Parry Sound, ON

$399,900
MLS#:X11893095
3 beds
1 baths
900-999 sqft
1.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on January 23, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey common element condo located in the coveted neighborhood of Parry Sound. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $399,900 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 900-999 sqft
  • 1.0 total parking spaces available
  • Notable attributes: None
  • Efficient baseboard heating via electric

Description

Gem by Georgian Bay. Spacious 3-Bedroom Condo, 903 square feet, nestled in the charming town of Parry Sound. Main floor, no stairs, walk out to patio. in suite laundry room, walk in hallway closet. Enjoy waterfront living steps away from your door step without paying waterfront taxes.Walk the shore of Georgian Bay along the sandy beach just around the corner. Explore further walking the fitness trail to the heart of town & a family-friendly park. Simple access to the town's amenities, schools, and shopping, theatre of the arts all within a pleasant walking distance.Whether a home, investment, or retirement or your cottage country getaway, this is an great opportunity to own a peace of paradise.No smoking permitted within the building or on the grounds, preserving that fresh cottage country air & experience.Far away from the hustle and bustle of city life. It's more than a property; it's a lifestyle waiting to be embraced. Click the media arrow for video and virtual tour.

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Property Summary

This condo apartment located at 1 Georgian Bay Avenue, Parry Sound is currently for sale and has been available on SousaSells for 581 days. This property is listed at $399,900 with an estimated mortgage of $1,331* per month. It has 3 beds, 1 bathroom, and is 900-999 square feet. 1 Georgian Bay Avenue, 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
3
Bathrooms
1
Kitchens
1
Living Area
900-999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJanuary 17, 2025
Sold price information is available to members only
Listed Date12/14/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCommon Element Condo
Architectural Style2-Storey
ConstructionOther
BasementNone
CountyParry Sound
Annual Tax$2,672.59

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingNone

Features

Property Features

Interior Features

None

Security Features

Community Features

Virtual Tours

Location

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1 Georgian Bay Avenue, Unit 105, 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 1 Georgian Bay Avenue 105, Parry Sound, ON P2A 3B1

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$119,970 (30.0%)
* Minimum Canadian down payment required for this price is $19,995.
Amortization Period30 Years
Estimated Monthly Payment$1,331Based on a loan of $279,930 over 30 years.
Purchase Price$399,900
Loan Amount$279,930
Provincial Land Transfer Tax:$4,474
Total Estimated Closing Taxes:$4,474

About Purchasing a Home in Parry Sound, ON

For a property listed at $399,900 in Parry Sound, the legal minimum down payment is $19,995 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 $4,474 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 $4,474.

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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.