21 Prospect Street, Parry Sound, ON

$329,000
MLS#:X9003582
1 beds
1 baths
0-499 sqft
1.0 parking
Residential Condo & Other
Loading property media...

Property Highlights

Welcome to this remarkable 3-Storey common element condo located in the coveted neighborhood of Parry Sound. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $329,000 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.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 0-499 sqft
  • 1.0 total parking spaces available
  • Notable attributes: None
  • Efficient baseboard heating via electric

Description

Live the cottage country dream without paying for waterfront taxes. Located in a desirable neighbourhood in the Town of Parry Sound. Spacious one bedroom, main level condo just a few steps away from the beach, walking & biking trails, park & Georgian Bay. Enjoy the sunset filled skies over the Bay from your balcony. High ceilings & open concept. Tastefully updated throughout & move in ready. A great space for a first time home Buyer, for retirement & for snowbirds. 1 assigned parking space w/ public parking close by. No pets permitted. Visitor pets may be allowed If not disruptive for short time frame.. No short term rentals for peace of mind and quiet. Parry Sound is a great Northern destination to reside w/shopping, schools, theatre of the arts & all season activities indoor and out. Your way to Georgian Bay right from your door step! Click on the media arrow for video

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Property Summary

This condo apartment located at 21 Prospect Street, Parry Sound is currently for sale and has been available on SousaSells for 743 days. This property is listed at $329,000 with an estimated mortgage of $1,095* per month. It has 1 bed, 1 bathroom, and is 0-499 square feet. 21 Prospect 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
1
Bathrooms
1
Kitchens
1
Living Area
0-499 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateAugust 3, 2024
Sold price information is available to members only
Listed Date6/29/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCommon Element Condo
Architectural Style3-Storey
ConstructionAluminum Siding
BasementNone
CountyParry Sound
Annual Tax$2,322

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingNone

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

Initializing map...
21 Prospect Street, Parry Sound, ON
Loading local market trends...

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 21 Prospect Street 4, Parry Sound, ON P2A 2B5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...

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$98,700 (30.0%)
* Minimum Canadian down payment required for this price is $16,450.
Amortization Period30 Years
Estimated Monthly Payment$1,095Based on a loan of $230,300 over 30 years.
Purchase Price$329,000
Loan Amount$230,300
Provincial Land Transfer Tax:$3,410
Total Estimated Closing Taxes:$3,410

About Purchasing a Home in Parry Sound, ON

For a property listed at $329,000 in Parry Sound, the legal minimum down payment is $16,450 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 $3,410 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 $3,410.

Similar Listings Nearby

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$544,911

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

No elementary schools data loaded.

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

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.