Discover an outstanding development opportunity with this prime 1.88-acre R3-H (high-density residential) vacant lot, ideally located at the corner of Meadow Street and Beaver Street in the Town of Parry Sound. This rare offering sits within walking distance to the new West Parry Sound Health Centre, downtown shopping, and the sparkling shores of Georgian Bay, making it an unbeatable location for a wide range of projects. Zoned R3-H, this versatile property supports a variety of potential uses including townhouses, fourplex, apartment building, retirement residence, and more. Endless possibilities for investors and builders looking to create much-needed housing or mixed-use space in a high-demand area. Buyers are encouraged to contact the Township directly to verify and discuss permitted uses and explore specific development concepts. All town services, including municipal water, sewer, natural gas and hydro-are available at the road, simplifying the planning process and reducing infrastructure costs.As a unique bonus, the seller is offering a VTB option (Vendor Take-Back Mortgage) and is open to a Build-to-Suit arrangement, providing excellent flexibility for qualified buyers.Whether you're envisioning multi-residential development or a custom-built project, this property delivers location, convenience, and opportunity in one of Parry Sound's most desirable growth areas. Don't miss your chance to secure a strategic piece of land in a thriving Northern Ontario community! (id:66096)
Property Details
MLS®
X12628626
Property Type
Vacant Land
Zoning
R3-H
Bathrooms
0
Lot Size
264 × 310 ft (1.88 acres)
Frontage
264 ft
Property Tax
$2,067/yr
Listed
328 days ago
Services
Utilities
Sewer, Electricity
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
328d
Parry Sound listings, avg age
113d
List price
$1000K
Long Listed: 328 days on market, against an average age of 113 days across the listings currently for sale in this city
Market timing · days on market0 → 113d avg age of current listings
Long Listed · day 328
Haho
This vacant land in Parry Sound is available now. Want me to connect you with the agent or keep you posted on any price updates?
Listed by RE/MAX Parry Sound Muskoka Realty Ltd · MATT MOSHER
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (P2A)
This home lists at $999,950, about 13.6× the local median household income of $73,500.
Carrying it typically needs a household income of about $195,325 (20% down, 25-yr amortization, stress-tested) — roughly 166% above the area median.
Median household income
$73,500
Population
14,695
Median age
54
Owner / renter
76% / 24%
Avg. household size
2.2
Source: Statistics Canada, 2021 Census (FSA P2A)
$999,950
For sale
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Financing
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