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City in Ontario

Houses for sale under $1M in Parry Sound

Looking for cheap houses for sale in Parry Sound? 29 homes in Parry Sound are listed for sale under $1M, which is 88% of everything for sale. Most are detached houses.

community-focused quiet family-friendly

6,879 people lived in Parry Sound at the 2021 Census, in 3,195 households. 60% of households owned their home and 40% rented. The most common homes were single-detached houses (54%) and low-rise apartments (27%). 70% of homes were built before 1981, and 10% since 2011. 85% of commuters went to work by car and 0% by public transit.

Parry Sound, Ontario — HOMEH neighbourhood guide

Parry Sound, Ontario

© Wikimedia Commons contributors (CC BY-SA)

At a glance

Houses for Sale in Parry Sound Under $1M

Photo of 94 William Street
For SaleAttention InvestorsBasement ApartmentNo Rear Neighbours
Listed for:

Listed Jul 3, 2026

$479,000

94 William Street

Parry Sound, ON P2A 1V4

3 + 1Bedrooms
2Bathrooms
0Garage
1.1K-1.5KSq Ft

DetachedFor Sale

Photo of 46 Forest Street
For SalePrice Reduced
Listed for:

Listed Jul 3, 2026

$579,900

46 Forest Street

Parry Sound, ON P2A 2P9

3Bedrooms
1Bathroom
0Garage
1.1K-1.5KSq Ft

DetachedFor Sale

Photo of 105 Gibson Street
For SalePrice Reduced
Listed for:

Listed May 2, 2026

$599,900

105 Gibson Street

Parry Sound, ON P2A 1X6

5Bedrooms
4Bathrooms
6Parking
2.5K-3KSq Ft

MultiplexFor Sale

Photo of 8 Queen & 0 Tate/Pine Street E
For Sale
Listed for:

Listed Mar 9, 2026

$840,000

8 Queen & 0 Tate/Pine Street E

Parry Sound, ON P2A 2V9

0Bedrooms
0Bathrooms
0Garage
—Sq Ft

Vacant LandFor Sale

Photo of Unit 404, 11C Salt Dock Road
For Sale
Listed for:

Listed Jan 8, 2026

$434,999

Unit 404, 11C Salt Dock Road

Parry Sound, ON P2A 3B6

1Bedroom
2Bathrooms
1Parking
900-999Sq Ft

Condo ApartmentFor Sale

Photo of 0 Meadow Street
For SaleLarge Lot
Listed for:

Listed Dec 11, 2025

$999,950

0 Meadow Street

Parry Sound, ON P2A 2R1

0Bedrooms
0Bathrooms
0Garage
—Sq Ft

Vacant LandFor Sale

Day to dayLivability

3.5

Schools near listings

out of 10 · averaged over 928 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$539,000

25% below Ontario

In Parry Sound

$539,000

In Ontario

$716,900

Median monthly rent

$3,500/mo

40% above Ontario

In Parry Sound

$3,500

In Ontario

$2,499

$1,017

Per square foot

≈ 12.8 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

33

Median $539,000

Houses 30 · Condos 3

For rent

1

Median $3,500

Houses 1

Recently sold

Sign in to see sold data

Recently leased

Sign in to see leased data

Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

  • Affordable compared to provincial median
  • Good school ratings
  • Low number of homes for rent

Keep in mind

  • Limited rental options
  • No parks or transit services
  • Higher median sale price than city average

The feel of the placeLifestyle

Daily life in Parry Sound is community-oriented, with access to schools and residential living. It is a quieter area with less urban activity.

Great for first-time buyers families those seeking a quieter lifestyle

Within the boundaryWhat's nearby

The boundary

17.9 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

10

Parks

7

Playgrounds

1

Transit stations

4

Grocery stores

15

Restaurants

5

Cafés

3

Gyms

1

Libraries

4

Pharmacies

Counted across all 17.9 km² of Parry Sound. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

3.2/10

Average rating of the 3 rated schools in this area

5

Elementary

4

Secondary

  • Parry Sound High School

    Public · Grades 9–12 · Near North DSB

    3.9/104.5 over 5 yrs

    660th of 742 Ontario secondary schools

    625 students · EQAO 2024-2025

  • Parry Sound Public School School

    Public · Grades JK–6 · Near North DSB

    3.9/104.4 over 5 yrs

    2,601st of 3,045 Ontario elementary schools

    435 students · EQAO 2024-2025

  • St Peter the Apostle School

    Catholic · Grades JK–8 · Simcoe Muskoka CDSB

    1.8/101.9 over 5 yrs

    2,953rd of 3,045 Ontario elementary schools

    215 students · EQAO 2024-2025

  • 646571- CMHA Cedar Spaces

    Public · Grades 9–12 · Near North DSB

    Not rated

  • 646754 - L4L and Seeds High School

    Public · Grades 7–12 · Near North DSB

    Not rated

  • Parry Sound Intermediate School School

    Public · Grades 7–8 · Near North DSB

    Not rated

    110 students

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Parry Sound, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

6,879

Population (2021)

13.1 km²

Area

525

People per km²

53

Median age

$61,940

Median income

60%

Own their home

2

People per household

3,195

Households

Every age

  • Children (under 15)11.7%
  • Working age (15–64)56.1%
  • Seniors (65+)32.1%

What is built here

  • Detached houses53.9%
  • Semi-detached4.2%
  • Townhouses1.3%
  • Duplexes5.2%
  • Low-rise apartments27.3%
  • High-rise apartments6%
  • Other attached homes2.2%

Own or rent

60%Owners

40%Renters

Across 3,195 households

When it was built

Mostly 1960 or earlier

  • 1960 or earlier41%
  • 1961–198029%
  • 1981–199010%
  • 1991–20005%
  • 2001–20052%
  • 2006–20103%
  • 2011–20157%
  • 2016–20213%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

7.6%
Born outside Canada
16.6%
Hold a degree or higher
49.7%
Employment rate
0%
Commute by transit
84.7%
Commute by car
1.6
Children per family
$56,327
Median income after tax
$75,897
Average household income
15.1%
Living on a low income
$1,100/mo
Renters pay, per month
$1,063/mo
Owners pay, per month
$369,046
Median home value at census
42.5%
Renters spending 30%+ of income on housing
19.1%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 12 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)

Questions, answered

Common questions about houses for sale under $1M in Parry Sound

How many homes in Parry Sound sell for under $1M?

29 homes in Parry Sound are listed for sale under $1M today, 88% of the 33 homes for sale. Their median asking price is $487,500.

All homes for sale in Parry Sound 

What kind of home can I buy in Parry Sound for under $1M?

Under $1M, Parry Sound has detached houses (15), vacant lots (5) and multiplexes (5) for sale. Most range from studios to 5 bedrooms.

Houses for sale in Parry Sound 
Keep looking

More Homes for Sale in Parry Sound

33 homes are for sale in Parry Sound. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.