16 Albert Street, Parry Sound, ON

$699,900
MLS#:X9382161
4 beds
3 baths
5.0 parking
Residential Freehold
Loading property media...

This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Parry Sound. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $699,900 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.

  • 4 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Spacious lot size measured in Feet
  • Features a separate entrance, apartment basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Carpet Free, In-Law Capability, On Demand Water Heater
  • equipped with other central cooling and highly efficient other heating via other

Description

Location, Location, 5 min Walk to Hospital & 10 Mins to Major Shopping! 3 + 1 Bdrm Raised Bungalow on Gorgeous Private treed 1/3 Acre Lot has so much to Offer, Including Bright Open Self-Contained In-Law Suite or Income Potential with Access from Both Outside & In! Large Picture Windows Upstairs & Down. 2 Separate Laundry Areas & 2 Gas FP! Large Updated Kitchen with Coffee Bar & SS Counters & Appliances (Gas Stove), W/O to huge Deck & Yard with Fab Shed (roll up door). Open Concept LR/DR another W/O + Gas FP. Primary Bdrm Updated Ensuite. Rental Unit is Above Ground w/ Sep. Entrance.

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Key Features

Bedrooms
4
Bathrooms
3
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 4, 2024
Sold price information is available to members only
Listed Date10/4/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionWood
BasementSeparate Entrance, Apartment
CountyParry Sound
Annual Tax$4,965.82
Legal DescriptionPlan 104 Pt Lot 4 RP 42R9595 Part 1

Parking & Garage

Parking Spaces5.0
Garage Spaces5
Garage TypeBuilt-In

Heating & Cooling

Heat SourceOther
Heat TypeOther
CoolingOther

Features

Property Features

Cul de Sac/Dead End, Hospital, Rolling, Wooded/Treed

Interior Features

Carpet Free, In-Law Capability, On Demand Water Heater

Security Features

Community Features

Location

Initializing map...
16 Albert Street, Parry Sound, ON
Loading local market trends...

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 16 Albert Street, Parry Sound, ON P2A 3A4

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.

Information Gain SEO Widget

Configure Loan Settings

Interest Rate5.25%
Down Payment$44,990 (6.4%)
* Minimum Canadian down payment required for this price is $44,990.
Amortization Period25 Years
Estimated Monthly Payment$3,903Based on a loan of $654,910 over 25 years.
Purchase Price$699,900
Loan Amount$654,910
Provincial Land Transfer Tax:$10,473
Total Estimated Closing Taxes:$10,473

About Purchasing a Home in Parry Sound, ON

For a property listed at $699,900 in Parry Sound, the legal minimum down payment is $44,990 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 $10,473 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 $10,473.

Nearby Listings

Distance:

No current listings found in Parry Sound.

Similar Listings Nearby

City & 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$542,442

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

No elementary schools data loaded.

Secondary Schools

No secondary schools data loaded.

Homes & Housing

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.