FOR SALE
$999,950
0 Meadow, Parry Sound, ON, P2A 2R1
About the Property
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.
Features
About the Property
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.
Features
Property Details
MLS#:
X13533194
Status:
For Sale
Property Type:
Fourplex
Central A/C:
No
Bedrooms:
10
Heating Fuel:
Baseboard
Bathrooms:
4
Heating Type:
Baseboard
Parking:
7 Spots
Cross Street:
Hwy 400 to Bowes St to Forest St to Parry Sound Rd, right to Melissa St (left) on corner
Basement:
None
Property Details
MLS#:
X13533194
Status:
For Sale
Property Type:
Fourplex
Central A/C:
No
Bedrooms:
10
Heating Fuel:
Baseboard
Bathrooms:
4
Heating Type:
Baseboard
Parking:
7 Spots
Cross Street:
Hwy 400 to Bowes St to Forest St to Parry Sound Rd, right to Melissa St (left) on corner
Basement:
None
Maintenance:
Exterior:
Brick
Possession Date:
Jul 15, 2026
Presented By:
ROYAL LEPAGE TERREQUITY REALTY
Maintenance:
Exterior:
Brick
Possession Date:
Jul 15, 2026
Presented By:
ROYAL LEPAGE TERREQUITY REALTY