18 William Street, Parry Sound, ON
Property Highlights
Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of Parry Sound. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $749,900 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 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 54 x 132 ft lot
- Features a separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 12.0 total parking spaces available
- Notable attributes: Storage, Guest Accommodations, In-Law Capability
- Efficient forced air heating via propane
Description
Exceptional investment opportunity. Prime commercial location in the heart of downtown Parry Sound located on a large lot. This beautifully fully restored century home blends timeless character w/modern updates while preserving its historic architecture, high ceilings, new flooring throughout, large bright windows, ceiling fans & freshly painted. A blank canvas to make your own, being fully vacant & move-in ready, a rare opportunity. Currently configured as two self-contained levels, this versatile commercial property offers endless possibilities such as live/work space, offices, retail, short- & long-term rentals. Ideal for entrepreneurs, small business owners, remote workspace while at the cottage, investors, or those seeking flexibility. With a lack of residential rentals, prime, exposure locations, downtown parking & visitor accommodations, this is a strong cottage country dream investment come true!Enjoy outstanding exposure in the commercial district w/signage opportunities, 3 separate entrances, 2 driveways, plenty of front & rear parking, a basement for storage, a rear platform deck, a concrete patio, mature trees & colourful gardens. New high-efficiency appliances add modern convenience while maintaining the home's unique charm.Leave the car behind & walk to the waterfront, beach, restaurants, boutique shops, schools, theatre, arts & cultural venues, tourist attractions, boat tours, plane rides, boat launches & everything vibrant downtown Parry Sound has to offer. Located in the renowned Georgian Bay region & the hometown of Bobby Orr, this property is perfectly positioned for attraction of many kinds.An outstanding opportunity for investors seeking strong income potential through short-term or long-term rentals or business owners looking for a highly visible location in one of Ontario's most desirable waterfront communities. Click on the media arrow below on the REALTOR.ca listing to view the video, floor plans, 3-D imaging & additional pictures.
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Property Summary
This duplex located at 18 William Street, Parry Sound is currently for sale and has been available on SousaSells for 4 days. This property is listed at $749,900 with an estimated mortgage of $2,496* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 18 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
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Features
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Interior Features
Storage, Guest Accommodations, In-Law Capability, In-Law Suite, Water Meter
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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 18 William Street, Parry Sound, ON P2A 1V1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Parry Sound, ON
For a property listed at $749,900 in Parry Sound, the legal minimum down payment is $49,990 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 $11,473 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 $11,473.
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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.