Listed for:Listed 14 days ago
$599,000

128 Isabella Street

Parry Sound, ON P2A 1N1

Multiplex For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 128 Isabella Street, Parry Sound

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 128 Isabella Street, Parry Sound

Summarized Description

  • Turnkey triplex in prime location.
  • Fully leased with consistent rental income.
  • Three spacious two-bedroom units available.
  • Modern property built in 2005.
  • Ample on-site parking for tenants.
  • Separately metered units for utility efficiency.
  • Close to schools and local amenities.
  • Low-maintenance investment opportunity.

Turnkey Triplex Investment in Prime Parry Sound Location - Welcome to 128 Isabella Street, a rare opportunity to acquire a fully leased triplex located just steps from the new Parry Sound High School and minutes from local amenities. Purpose-built in 2005, this modern and well-maintained property features three spacious two-bedroom units, each offering approximately 900 square feet of comfortable living space. With two ground-level units and one upper-level unit, the layout provides both privacy and convenience for tenants. Each unit is separately metered for hydro, allowing for simplified utility management and improved efficiency. Ample on-site parking adds to tenant appeal and ease of access. Currently generating consistent rental income with all units leased, this property delivers immediate cash flow and long-term investment security. Whether you're a seasoned investor or just starting to build your portfolio, 128 Isabella Street represents a smart, low-maintenance opportunity in one of Parry Sounds most desirable neighbourhoods close to schools, green spaces and the natural beauty of Georgian Bay.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$6,706
Land Transfer Tax Fee
$8,455

Basement Type
None

Interior Features

Interior Extras
None
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
2-Storey
Approx Age
16-30

Construction

Exterior Finish
Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Concrete Block
Special Designation
Unknown

Lot

Lot Front
71.56 ft
Lot Depth
97.34 ft
Lot Size
0.13
Lot Size Code
x 71.56

Inclusions

Inclusions
All existing appliances.

Exclusions

Exclusions
Tenant belongings.

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
2
Total Garage And Parking Spaces
5

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
None
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes

Bedrooms
6
Washrooms
3
Kitchens
3

Washrooms

  • 3-piece, Ground
  • 3-piece, Second

Municipality
Parry Sound
Neighbourhood
Parry Sound
Main cross streets
Church Street North to Isabella, turn left. Property on left. SOP.
Zoning
R2
Directions
Church Street North to Isabella, turn left. Property on left, SOP
Waterfront
None

MLS® number
X13848752
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-01
Updated on
2026-10-06
Days on market
14 days
Possession type
Flexible
Co-op commission
2.5% + HST
Seller
Listed by
Engel & Volkers Parry Sound

Home Market Value

Current home valuation for 128 Isabella Street, Parry Sound, Parry Sound, ON. Listed for $599,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 128 Isabella Street, Parry Sound

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Parry Sound, ON
Minimum Down Payment Required:5.8%

5% on first $500K + 10% on $99,000 over $500K

Minimum down payment

$34,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$22,546$16,712$14,256$0
=Total mortgage
$586,205$555,812$523,406$479,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,862monthly$2,714monthly$2,556monthly$2,340monthly
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Land Transfer Tax

Provincial

$8,455

Total Land Transfer Tax

$8,455

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