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$599,000
Parry Sound
128 ISABELLA Street, Parry Sound, Ontario, P2A1N1
This multi-family property in Parry Sound is for sale offering roughly 2,250 sq ft of space. It has been on the market 34 days, fresher than the Parry Sound average of 113 days.
Turnkey Triplex Investment in Prime Parry Sound Location - Welcome to 128 Isabella Street, a rare opportunity to acquire a fully leased triplex located just steps from the new Parry Sound High School and minutes from local amenities. Purpose-built in 2005, this modern and well-maintained property features three spacious two-bedroom units, each offering approximately 900 square feet of comfortable living space. With two ground-level units and one upper-level unit, the layout provides both privacy and convenience for tenants. Each unit is separately metered for hydro, allowing for simplified utility management and improved efficiency. Ample on-site parking adds to tenant appeal and ease of access. Currently generating consistent rental income with all units leased, this property delivers immediate cash flow and long-term investment security. Whether you're a seasoned investor or just starting to build your portfolio, 128 Isabella Street represents a smart, low-maintenance opportunity in one of Parry Sounds most desirable neighbourhoods close to schools, green spaces and the natural beauty of Georgian Bay. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 34 days on market, against an average age of 113 days across the listings currently for sale in this city
This 6-bed multi-family in Parry Sound has been listed for 34 days, which is 79 days fresher than the city average of 113. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $599,000, about 8.1× the local median household income of $73,500.
Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 59% above the area median.
Source: Statistics Canada, 2021 Census (FSA P2A)
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Loading rates, 30-yr amortization
Cash Needed to Close
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