131 William Street, Parry Sound, ON

$1,395,000
MLS#:X13578246
5 beds
4 baths
2500-3000 sqft
8.0 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 brick construction, this residence presents an exceptional opportunity offered at $1,395,000 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.

  • 5 Bedrooms and 4 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2500-3000 sqft on a premium 82.02 x 409.63 ft lot
  • Features a separate entrance, finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: ERV/HRV, In-Law Suite, Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Step inside this rare offering; a centrally located, luxury waterfront home boasting 5 bedrooms, 3.5 bathrooms, and nearly 5,000 square feet of beautifully finished living space along the picturesque Seguin River. Thoughtfully designed across two levels, this custom-built home features a full-height walkout lower level complete with a second kitchen, spacious family room, private office, and versatile flex room, making it ideal for multi-generational living, guests, or entertaining. At the heart of the home, the grand kitchen is equipped with stainless steel appliances, including a flat-top stove, wall oven, and built-in microwave. From the expansive 8 feet by 4 foot granite island, enjoy uninterrupted sight lines through the dining and living areas, all framed by peaceful, private views of the river. Both family rooms enjoy the warmth of propane fireplaces as well as the separate dining room. The walkout lower level opens to a gently sloping lawn leading directly to the waterfront, where your private dock awaits for endless days of boating, paddling, swimming, or simply relaxing by the water's edge. A circular driveway and an attached oversized double-car garage offers ample space for vehicles, recreational equipment, and additional storage/workshop. Offering the perfect balance of luxury, functionality, and an unbeatable waterfront lifestyle, this exceptional property combines the tranquility of riverfront living with the convenience of being just minutes from town and everyday amenities. This is a truly remarkable place for your family to call home.

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Property Summary

This detached home located at 131 William Street, Parry Sound is currently for sale and has been available on SousaSells for 1 day. This property is listed at $1,395,000 with an estimated mortgage of $4,643* per month. It has 5 beds, 4 bathrooms, and is 2500-3000 square feet. 131 William 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

Bedrooms
5
Bathrooms
4
Kitchens
2
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date7/17/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementSeparate Entrance, Finished with Walk-Out
Lot Size82.02 × 409.63 Feet
CountyParry Sound
Annual Tax$9,872
Legal DescriptionPT PCL L PL 137 PTS 23, 24 & 25 42R17719, S/T PT 24 42R17719 AS IN RO174275; PARRY SOUND

Parking & Garage

Parking Total8.0
Parking Space5
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Waterfront, School, Hospital, Place Of Worship

Interior Features

ERV/HRV, In-Law Suite, Carpet Free, Built-In Oven, Auto Garage Door Remote, Floor Drain, Primary Bedroom - Main Floor

Security Features

Community Features

Location

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131 William 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 131 William Street, Parry Sound, ON P2A 1V9

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$418,500 (30.0%)
* Minimum Canadian down payment required for this price is $279,000.
Amortization Period30 Years
Estimated Monthly Payment$4,643Based on a loan of $976,500 over 30 years.
Purchase Price$1,395,000
Loan Amount$976,500
Provincial Land Transfer Tax:$24,375
Total Estimated Closing Taxes:$24,375

About Purchasing a Home in Parry Sound, ON

For a property listed at $1,395,000 in Parry Sound, the legal minimum down payment is $279,000 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 $24,375 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 $24,375.

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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.