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! |
Price | $875,000 |
Taxes: | $4379.58 |
Assessment: | $254000 |
Assessment Year: | 2025 |
Address: | 21 River St , Parry Sound, P2A 2T7, Ontario |
Lot Size: | 65.00 x 164.00 (Feet) |
Acreage: | < .50 |
Directions/Cross Streets: | River/Bowes |
Rooms: | 40 |
Bedrooms: | 9 |
Bedrooms +: | 9 |
Kitchens: | 2 |
Family Room: | N |
Basement: | Apartment, Walk-Up |
Approximatly Age: | 51-99 |
Property Type: | Multiplex |
Style: | 3-Storey |
Exterior: | Vinyl Siding |
Garage Type: | None |
(Parking/)Drive: | Pvt Double |
Drive Parking Spaces: | 6 |
Pool: | None |
Approximatly Age: | 51-99 |
Approximatly Square Footage: | 5000+ |
Property Features: | Hospital, Library, Place Of Worship, Rec Centre, River/Stream, School Bus Route |
Fireplace/Stove: | N |
Heat Source: | Electric |
Heat Type: | Baseboard |
Central Air Conditioning: | None |
Central Vac: | N |
Laundry Level: | Lower |
Sewers: | Sewers |
Water: | Municipal |
Utilities-Cable: | A |
Utilities-Hydro: | Y |
Utilities-Gas: | A |
Utilities-Telephone: | A |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
Royal LePage Team Advantage Realty |
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Type: | Freehold - Multiplex |
Area: | Parry Sound |
Municipality: | Parry Sound |
Neighbourhood: | Parry Sound |
Style: | 3-Storey |
Lot Size: | 65.00 x 164.00(Feet) |
Approximate Age: | 51-99 |
Tax: | $4,379.58 |
Beds: | 9+9 |
Baths: | 7 |
Fireplace: | N |
Pool: | None |