Affordable and Versatile Multi-Family Property in Parry Sound. This 23-room rooming house offers an unbeatable investment opportunity for families, retirees, or first-time investors. Located on a level lot with room for parking expansion, the property ensures added convenience for tenants and visitors alike. Enjoy the benefits of downtown living this property is just a short walk to shops, restaurants, and other amenities. Perfect for multi-generational living or as a cash-flow investment, it offers the flexibility to live in one unit while renting out others. Property Highlights: Top Floor: 7 rooms, 2 bathrooms (1 three-piece, 1 four-piece)Second Floor: 9 rooms, 2 bathrooms (1 three-piece, 1 four-piece)First Floor: 6 rooms, 2 bathrooms, kitchen area, and storage area Basement: Spacious kitchen, dining, living area, bedroom combo, and a 4-piece bath. Bonus: walk-up attic potential loft. With a vibrant community, room for growth, and strong income-generating potential, this property is a smart choice for anyone looking to invest in Parry Sounds thriving market. Schedule your viewing today!
Property Type:
Freehold
Freehold Type:
Multiplex
Home Style:
3-Storey
Approx. Age:
51-99
Total Approx Floor Area:
5000+
Lot Size:
< .50
Depth:
164'50 m
Frontage:
65'19.8 m
Exposure:
East
Bedrooms:
9+9
Bathrooms:
7.0
Water supply:
Municipal
Kitchens:
2
Rooms:
40
Zoning:
R2
Heating type:
Baseboard
Heating Fuel:
Electric
Basement:
Apartment, Walk-Up
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0
Parking Spaces:
6
Total Parking Spaces:
6
Driveway:
Pvt Double
Family Room:
N
Possession Details:
TBD
Lot Irregularities:
65.93 FT 164.39 FT X 65.93 X 164.35 FT
Taxes:
$4,379.58 /
2024
Assessment:
$254,000.00 /
2025
Floor
Type
Size
Other
Main
Br
12'1"3.70 m × 9'6⅛"2.90 m
-
Main
2nd Br
12'1"3.70 m × 9'8"2.95 m
-
Main
3rd Br
11'11"3.63 m × 9'7"2.93 m
-
Main
Bathroom
5'11"1.80 m × 4'7½"1.41 m
4 Pc Bath
Main
Kitchen
6'½"1.84 m × 5'1"1.54 m
-
Main
Bathroom
10'2"3.11 m × 5'1"1.54 m
3 Pc Bath
2nd
Bathroom
11'6"3.49 m × 5'3"1.59 m
4 Pc Bath
2nd
Bathroom
8'⅛"2.44 m × 4'11"1.50 m
3 Pc Bath
2nd
2nd Br
12'6"3.80 m × 9'10"2.99 m
-
2nd
Br
11'6"3.49 m × 9'¼"2.75 m
-
3rd
Br
11'1"3.39 m × 9'7"2.92 m
-
3rd
Br
11'3.34 m × 8'5"2.57 m
-
Floor
Ensuite
Pieces
Other
Main
-
3
X4
2nd
-
4
X3
Hospital, Library, Place Of Worship, Rec Centre, River/Stream, School Bus Route
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