What is the price of this residential freehold in Parry Sound?

This residential freehold is currently listed for sale. Contact SousaSells.ca for the most up-to-date pricing information and to schedule a viewing.

What is the square footage of this property?

The living area is approximately 3000-3500.

When was this property built?

Year built information is available upon request. Contact SousaSells.ca for complete property details.

How can I schedule a viewing of this property?

You can schedule a viewing by contacting SousaSells.ca directly through our website or by phone. Our experienced agents will arrange a convenient time for you to tour the property.

What type of property is this?

This is a residential freehold located in Parry Sound.

1 Melissa Street, Parry Sound, ON

Unavailable - Members Only

MLS#:Members Only

10 beds

4 baths

3000-3500 sqft

7.0 parking

Residential Freehold

Photos Locked for Unavailable Listing

⚠️

Listing Status: Unavailable

This property listing is currently unavailable. Photos, price, description, and property details are reserved for free members.

Added:May 19, 2026(102 days ago)

•

Updated:Jul 7, 2026(53 days ago)

Last Checked:11 minutes ago

Description & Highlights Locked

The description and public remarks for this unavailable or expired listing are reserved for free members.

Property Highlights

Welcome to this remarkable 2-Storey fourplex located in the coveted neighborhood of Parry Sound. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $990,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

10 Bedrooms and 4 Bathrooms with 4 functional kitchens
Generous living space spanning 3000-3500 sqft on a spacious lot (Feet)
7.0 total parking spaces available
Notable attributes: None
Efficient baseboard heating via electric

Description

Exceptional 4 Plex Investment Opportunity in the thriving Town of Parry Sound. Fantastic offering at an 8+ cap rate. This well maintained, purpose built fourplex offers a rare combination of strong income potential, low maintenance ownership, and long term investment stability in the heart of Northern Ontario cottage country. Featuring three spacious 3 bedroom units and one 1 bedroom unit, all separately metered for hydro, this solid asset is ideally positioned close to the hospital, vibrant downtown core, and the breathtaking shores of Georgian Bay. Built in 1991 with notable updates including windows and shingles, this property offers reliable cash flow with established long term tenants already in place. Ample front and rear parking further enhances tenant convenience and desirability. An outstanding opportunity for investors seeking to expand their portfolio with a high performing multi residential asset in a growing and highly desirable community. The building has total 4 units. 3 units are 3 bed room with 13x13 Hall and kitchen; 10x13 Bedroom 1 ; 9.6x12 bedroom 2 9.6x10 bedroom 3. Three units fully renovated in June 2025 with high-quality modern finishes (1) Vinyl flooring installed throughout all units (2) Brand new plumbing and fixtures (3) New kitchen upgrades including cabinets, fridge, stove, and fittings (3) Newly renovated bathrooms with contemporary finishes. Freshly painted interiors throughout (4) New washer and dryer installed (2025) (5) Tenants currently in place (6) All utilities paid by tenants, ensuring efficient operating costs (7) Each unit features a separate private entrance (8) Ample parking with 2-car parking available per unit. One unit is one bedroom: - The tenant is planning to move soon. Can be easily converted to 2 bedroom unit. Increasing rental value.

Contact Agent

Generate CMA Report

Property Details & Specs Locked

Key features and specifications for this terminated or expired listing are reserved for free members.

Key Features

Bedrooms

Bathrooms

Kitchens

Living Area

3000-3500 sqft

Property Type

Residential Freehold

Additional Details Locked

Additional listing details for this unavailable or expired property are reserved for free members.

Additional Details

StatusTerminated

AddedMay 19, 2026 (102 days ago)

UpdatedJul 7, 2026 (53 days ago)

Last Checked11 minutes ago

Transaction TypeFor Sale

Property Details Locked

Property details and specifications for this unavailable or expired listing are reserved for free members.

Property Details

Property Sub-TypeFourplex

Architectural Style2-Storey

ConstructionBrick

BasementNone

CountyParry Sound

Annual Tax$5,215

Legal DescriptionPT LT 28 S/S PARRY SOUND RD PL 96 AS IN RO169832; PARRY SOUND

Parking & Garage

Parking Total7.0

Parking Space7

Garage TypeNone

Heating & Cooling

Heat SourceElectric

Heat TypeBaseboard

CoolingNone

Features

Property Features

Hospital
School

Interior Features

None

Security Features

None listed

Community Features

None listed

Frequently Asked Questions Locked

Property Q&A for this unavailable or expired listing is reserved for free members.

Frequently Asked Questions about 1 Melissa Street, Parry Sound, ON

Q.What is the asking price for 1 Melissa Street, Parry Sound, ON ?

The current listing price for 1 Melissa Street, Parry Sound, ON in Parry Sound, Parry Sound is $990,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 10 bedrooms and 4 bathrooms across approximately 3000-3500 sqft.

Q.What property type and architectural style is 1 Melissa Street, Parry Sound, ON ?

1 Melissa Street, Parry Sound, ON is a Fourplex (2-Storey) featuring a None basement.

Q.What key property features does 1 Melissa Street, Parry Sound, ON offer?

Key property features include: Hospital, School.

Q.What interior features are included in this home?

Interior highlights include: None.

Q.Is parking available at this property?

Yes, this property offers parking space for 7.0 vehicles (None).

Q.What heating and cooling systems are installed?

Heating is provided via Electric and cooling via None.

Virtual Tour Locked

Virtual tour and 3D walkthroughs for this unavailable or expired listing are reserved for free members.

Virtual Tour & 3D Walkthrough

Virtual 360° Walkthrough & Live Video Tour

Request a live agent video tour or get 3D virtual walkthrough access for 1 Melissa Street, Parry Sound, ON .

Location & Street View Locked

Map and Google Street View details for this unavailable or expired listing are reserved for free members.

Location

Initializing map...

1 Melissa Street, Parry Sound, ON

Google Street View

Open in Google Maps

Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Parry Sound, Parry Sound

SAFETY RATING9.4 / 10

Low Incident Area

Total Annual Incidents35 incidents / yr

Average Per Month2.9 incidents / mo

Population BenchmarkArea Average residents

Personal Safety

Very Low

8 assaults (30.0/100k)

Property Security

Very Low

8 B&E (30.0/100k)

Auto Theft Risk

Low Risk

10 thefts (35.0/100k)

1-Year Trend

▼ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data

Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

Loading local market trends...

Property History Locked

Listing transaction history for this unavailable or expired property is reserved for free members.

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights Locked

Valuation, market speed, and AI pricing insights for this unavailable or expired listing are reserved for free members.

Pricing & Value Insights

Data-driven valuation for 1 Melissa Street, Parry Sound, ON P2A 2R4

Estimated Sales Range

$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed

Loading stats...

Properties in this area are selling at a steady pace.

Market Trend

Calculating trend...

Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Parry Sound.

Configure Loan Settings

Interest Rate4.00%

Down Payment$297,000 (30.0%)

* Minimum Canadian down payment required for this price is $74,000.

Amortization Period30 Years

Estimated Monthly Payment$3,295Based on a loan of $693,000 over 30 years.

Purchase Price$990,000

Loan Amount$693,000

Provincial Land Transfer Tax:$16,275

Total Estimated Closing Taxes:$16,275

About Purchasing a Home in Parry Sound, ON

For a property listed at $990,000 in Parry Sound, the legal minimum down payment is $74,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $16,275 for this transaction. As this listing is in Parry Sound (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $16,275.

Similar Listings in Parry Sound, Parry Sound

Explore all Just Listed Homes in Parry Sound →

$899,000

5 Avery Court

Parry Sound, ON

5 bd 3 ba 2500-3000 sqft

$998,000

6 Ginnie Street

Parry Sound, ON

3 bd 3 ba 2500-3000 sqft

$949,000

53 Dennis Drive

Parry Sound, ON

3 bd 4 ba 2000-2500 sqft

$949,000

30 Hanna Road

Parry Sound, ON

5 bd 3 ba 2000-2500 sqft

Parry Sound, Parry Sound Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Parry Sound, Parry Sound.

Verified Local Data

City Population6,202,225

City Median Age39.6 Yrs

City Ownership65% Owners

Avg Area List Price$851,558

People & Families

Age Distribution

Household Composition

One-person households

25%

Families with children

50%

Couples without children

24%

Other households

Top Ethnic Origins

Chinese11%

English9%

Indian9%

Irish8%

Best Schools in Parry Sound, Parry Sound

Elementary Schools

No elementary schools data loaded.

Secondary Schools

No secondary schools data loaded.

Parry Sound, Parry Sound Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%

Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.