$440,000

For saleJust listed

5 Melissa Street, Parry Sound - Single Family for Sale

5 Melissa Street, Parry Sound, Ontario, P2A2R4

2 beds1 bath0 parking900 ft²66 × 132 ft (8,712 sq ft) lot sizeListed 5 days ago

Overview

This 2-bedroom, 1-bathroom home in Parry Sound is for sale offering roughly 900 sq ft of space. Listed at $440,000, it is attractively priced about 12% below the $499,900 median asking price in Parry Sound. It has been on the market 5 days, fresher than the Parry Sound average of 113 days.

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Description

Welcome to 5 Melissa Street in Parry Sound! Freshly renovated, painted and move-in ready, this home is a wonderful option for first-time buyers or those looking to downsize. The renovated kitchen offers a fresh, updated space to prepare meals and enjoy everyday living. A renovated, enclosed and heated mudroom provides a welcoming entry, while the rear sunroom has been upgraded from three-season to four-season use, offering additional space to enjoy year-round. Laundry on the same floor adds everyday convenience. Step outside onto the beautifully updated deck-perfect for hosting guests or simply relaxing and enjoying the day. A shed at the back of the property 12ft x 20ft features finished flooring and provides useful storage space. Head up the hill to enjoy an evening by the fire. The driveway was updated in 2023, and the roof is approximately 7-8 years old. Situated in a quiet neighbourhood with a park directly across the road, the hospital just down the street, and both public and catholic schools only minutes away in town, this home offers a convenient location with plenty to enjoy. A welcoming place to call home, ready for its next chapter! (id:66096)

Property Details

MLS®: X14131248
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 900 ft²
Lot Size: 66 × 132 ft (8,712 sq ft)
Frontage: 66 ft
Storeys: 1
Basement: Unfinished, Crawl space
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $2,359.3/yr
Listed: 5 days ago

Rooms

Main level

Kitchen: 4.34 x 2.85 meters
Dining room: 1.3 x 2.16 meters
Living room: 4.14 x 4.45 meters
Primary Bedroom: 5.26 x 3.2 meters
Bedroom 2: 3.58 x 2.52 meters
Bathroom: 2.97 x 2.47 meters
Mud room: 1.98 x 2.16 meters
Sunroom: 7.14 x 2.31 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Blinds
Foundation: Concrete
Exterior: Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Parry Sound listings, avg age

113d

Price / ft²

$489

List price

$440K

Haho

This 2-bed single family in Parry Sound has been listed for 5 days, which is 108 days fresher than the city average of 113. Act while there is still low competition.

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Listed by RE/MAX Parry Sound Muskoka Realty Ltd · CHANTAL FETTERLY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P2A)

This home lists at $440,000, about 6.0× the local median household income of $73,500.

Carrying it typically needs a household income of about $85,947 (20% down, 25-yr amortization, stress-tested) — roughly 17% 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)

$440,000· $489/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,000

Min 5%50%

Mortgage payment$2,317/mo

↳ CMHC premium ($16,720 capitalized)

Property tax (est.)$197/mo

Total monthly$2,514

Cash Needed to Close

Down payment (5%)$22,000

Land transfer tax$5,275

Est. closing costs$3,820

Total cash needed$31,095

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