For Sale

60 CHURCH Street, Parry Sound, Ontario P2A1Y7

$2,200,000

60 CHURCH Street, Parry Sound, Ontario P2A1Y7 is For Sale and has a listing price of 2,200,000. The property is located in the Parry Sound neighbourhood. It's been on the website for 114 Days.

  • Multi-family
    Property Type
  • 12
    Bedrooms
  • 10
    Bathrooms
  • Detached Garage
    Parking
  • 17
    Parking Spaces
  • MLS ID: 40563973
  • Office Name Maven Commercial Real Estate Brokerage
Property Description

Explore the multifaceted investment opportunity at 60 Church Street in the heart of Parry Sound, where potential meets profitability. This unique property offers a mix of 9 diverse residential units, comprising four two-bedroom apartments, four one-bedroom apartments, and a spacious three-bedroom apartment. Adding to its appeal is a versatile shop/garage space with three bays and double depth for additional rental income or operational use. Nestled on a substantial lot, 60 Church Street presents an exceptional chance for expansion, allowing investors to envision and execute additional development. Seize the opportunity to capitalize on immediate cash flow while strategically planning future growth in a location poised for appreciation. The rents are 27% below market value and that means great upside potential. Gross Income – $161,163. Financials available upon submitting a confidentiality agreement (See Attachment Section). (id:43137)

Property Details
  • Bedrooms: 12
  • MLS ID: 40563973
  • Bathrooms: 10
  • Price: $2,200,000
  • Transaction Types: For Sale
  • Ref ID: 26785789
  • Year Built: N/A
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
04/22/2024 40563973 $2,200,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Parry Sound
  • $660,344 Average List Price
    based on 1 year
  • 13 New Listings
    based on 30 days
  • 98 Median Days on Market
    based on 1 year
  • List vs. Selling Price 65.79 % Up
  • Sold (12mo) 15
  • Rented (12mo) 0

  • 1 Month Change +19.3%
  • 3 Month Change +16.1%
  • 6 Month Change +7.2%
Walkscore
  • 68 Walk Score
    Somewhat Walkable
  • 52 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    47.58%
  • Commercial
    14.92%
  • Condo
    33.67%
  • Land for Sale
    3.83%
Additional Details
  • Sewers Municipal Sewage System
  • Heat Source Electric
  • Basement2 Full (partially Finished)
  • Heating System Baseboard Heaters
  • Water Municipal Water
  • Exterior Brick
  • Cooling System None
  • Total Parking Spaces: 17
  • Property Features Shared Driveway, Laundry- Coin Operated
  • Fireplace False
  • Parking Detached Garage
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 22/04/2024 00:00:00
  • Zoning Unorganized
  • Agent Name: Stephanie Maye
  • Address Subdivision: Parry Sound
  • Last Updated: 13/06/2024 16:49:55
Open House Dates
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