60 Church Street, Parry Sound | Image 1

60 Church Street

Parry Sound

  • - bed - bath
$X,XXX,XXX est.*: $7,453/mo
For Sale

Added 1 week ago

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  • Type: Multiplex

  • Style: 2-Storey

  • Lot Size: 263.58 x 319.88 Feet

  • Age: No Data

  • Taxes: $19,379 per year

  • Days on Site: 3 Days

  • Added: Apr 22, 2024 (1 week ago)

  • Updated:

  • Last Checked: 1 hour ago

  • MLS®#: X8260522

  • Listed By: Maven commercial real estate

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. Financials available upon submitting a confidentiality agreement (See Attachment Section).

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Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: 2-Storey

  • Area: Parry Sound

  • Availability Date: Flexible

  • Assessment Amount: $790,999

  • Assessment Year: 2023

Inside

  • Bedrooms: 9

  • Bathrooms: 10

  • Kitchens: 9

  • Rooms: 25

  • Den/Family Room: No

  • Air Conditioning: None

  • Fireplace: No

  • Washrooms: 10

Building

  • Basement: Sep Entrance

  • Heat Type: Baseboard

  • Heat Source: Electric

  • Exterior: Brick

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Mutual

  • Garage Spaces: 6

  • Garage Type: Detached

  • Covered Parking Spaces: 11

  • Total Parking Spaces: 17

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LTS 3, 4, 5, 6 & 7 E/S ADELAIDE ST PL 123 & PT LTS 6 & 7 W/S

  • Taxes: $19,379

Land

  • Cross Street: Station St & Church

  • Municipality District: Parry Sound

  • Fronting On: West

  • Parcel Number: 521070370

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 319.88 Feet

  • Lot Frontage: 263.58 Feet

  • Acres: .50-1.99

  • Zoning: R3

  • Waterfront: None

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Somewhat Walkable

  • Some errands can be accomplished on foot.
66 /100

Bikeable

  • Some errands can be accomplished on bike.
50 /100
Map of 60 Church Street, Parry Sound
JK-8

Nobel Public School

Elementary: Public
7.99 km
7-8

Parry Sound Intermediate School School

Elementary: Public
0.59 km
JK-8

St Peter the Apostle School

Elementary: Catholic
1.75 km
JK-8

McDougall Public School

Elementary: Public
5.43 km
JK-8

Humphrey Central Public School

Elementary: Public
18.78 km
JK-6

Parry Sound Public School School

Elementary: Public
1.14 km
9-12

Georgian Bay District Secondary School

Secondary: Public
68.36 km
9-12

North Simcoe Campus

Secondary: Public
69.53 km
9-12

École secondaire Le Caron

Secondary: Public
65.88 km
9-12

Parry Sound High School

Secondary: Public
0.54 km
9-12

Bracebridge and Muskoka Lakes Secondary School

Secondary: Public
63.96 km
9-12

St Theresa's Separate School

Secondary: Catholic
69.04 km

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 20 Miller Street, Parry Sound | MLS: X8260478
For Sale
1 week ago
$X,XXX,XXX
  • — bath
  • — bed

20 Miller Street, Parry Sound, Ontario • P2A 1S8 • Parry Sound