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$329,000
Parry Sound
5 Wakefield Street, Parry Sound, Ontario, P2A2V2
This 3-bedroom, 2-bathroom home in Parry Sound is for sale offering roughly 1,750 sq ft of space. Listed at $329,000, it is attractively priced about 34% below the $499,900 median asking price in Parry Sound. It has been on the market 57 days, fresher than the Parry Sound average of 113 days.
AFFORDABLE PARRY SOUND PROJECT! Built in 1899, this 3-bedroom, 2-bathroom century home offers a great mix of character, usable space and renovation potential right in the heart of Parry Sound. The main floor features a bedroom and bathroom, separate living and dining areas, plus a bright kitchen opening into a central living space with exposed wood ceilings, warm wood accents and a wood stove. Walk out directly to the backyard, where the 60' wide lot provides a good amount of usable lawn, mature trees, a storage shed and more outdoor space than you might expect from an in-town property. Upstairs are two additional bedrooms and a second bathroom, with plenty of opportunity to continue improving the home and make it your own. Roof & siding were updated in 2014, & a natural gas furnace was installed in 2020. There is parking for three vehicles, and the unfinished basement provides additional storage. Conveniently located close to downtown, shopping, services and everything Parry Sound has to offer. A great option for a first-time buyer, contractor or investor looking for an affordable property with character and room to build equity. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 57 days on market, against an average age of 113 days across the listings currently for sale in this city
This 3-bed single family in Parry Sound has been listed for 57 days, which is 56 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 $329,000, about 4.5× the local median household income of $73,500.
Carrying it typically needs a household income of about $64,265 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA P2A)
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Loading rates, 30-yr amortization
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