FOR SALE
$999,950
0 Meadow, Parry Sound, ON, P2A 2R1
About the Property
Exceptional Investment Opportunity! Own a 5-Plex in the thriving community of Parry Sound, one of Ontario's most desirable destinations on the shores of Georgian Bay. Ideally situated just minutes from the vibrant downtown core, famed 30,000 Islands, marinas, parks, trails, shops, restaurants, and year-round amenities. This income-producing property with more than 8.5% cap rate, features a desirable unit mix consisting of two spacious 2-bedroom units and three well-appointed 1-bedroom units, offering strong rental appeal and diversified income potential.
The building is serviced by both gas and electric heating systems, with separate hydro meters for each tenant, helping to minimize operating expenses. The property offers approximately 3,200 sq. ft. of above-grade living space and includes an unfinished basement providing excellent storage.
Features
About the Property
Exceptional Investment Opportunity! Own a 5-Plex in the thriving community of Parry Sound, one of Ontario's most desirable destinations on the shores of Georgian Bay. Ideally situated just minutes from the vibrant downtown core, famed 30,000 Islands, marinas, parks, trails, shops, restaurants, and year-round amenities. This income-producing property with more than 8.5% cap rate, features a desirable unit mix consisting of two spacious 2-bedroom units and three well-appointed 1-bedroom units, offering strong rental appeal and diversified income potential.
The building is serviced by both gas and electric heating systems, with separate hydro meters for each tenant, helping to minimize operating expenses. The property offers approximately 3,200 sq. ft. of above-grade living space and includes an unfinished basement providing excellent storage.
Features
Property Details
MLS#:
X13446120
Status:
For Sale
Property Type:
Fourplex
Central A/C:
No
Bedrooms:
6
Heating Fuel:
Baseboard
Bathrooms:
4
Heating Type:
Baseboard
Parking:
6 Spots
Cross Street:
12 Gibson Street, Parry Sound
Basement:
None
Property Details
MLS#:
X13446120
Status:
For Sale
Property Type:
Fourplex
Central A/C:
No
Bedrooms:
6
Heating Fuel:
Baseboard
Bathrooms:
4
Heating Type:
Baseboard
Parking:
6 Spots
Cross Street:
12 Gibson Street, Parry Sound
Basement:
None
Maintenance:
Exterior:
Vinyl Siding
Possession Date:
Jul 1, 2026
Presented By:
ROYAL LEPAGE TERREQUITY REALTY
Maintenance:
Exterior:
Vinyl Siding
Possession Date:
Jul 1, 2026
Presented By:
ROYAL LEPAGE TERREQUITY REALTY