60 Church St

Parry Sound | | P2A 1Y7
  • 9
  • 10
  • 0

$2,200,000

Est. Mtg $7,459 /mo
  • Days on market

    169

  • Status

    New

Listing Broker MAVEN COMMERCIAL REAL ESTATE
Since listed: 2 views

Home details

MLS #:

X8260522

Property type:
Multiplex
Style:
2-Storey
Taxes:
$19,379
Possession:
Flexible
Lot Front:
263.58   Feet
Lot Depth:
319.88   Feet
Basement:
Sep Entrance |
Driveway Pkg:
11
Heat:
Electric | Baseboard

Description


60 Church St, , Parry Sound, Ontario is a Multiplex property in Parry Sound and in the community in the P2A 1Y7 postal code


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)..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2019-02 2019-05 $1,688,000 $1,688,000 Ter N4361897
2019-11 2020-01 $1,599,000 $1,599,000 Ter N4626382
2020-01 2020-03 $1,599,000 $1,599,000 Ter N4671703
2020-03 2020-05 $1,599,000 $1,599,000 Ter N4715564
2020-06 2020-07 $1,499,000 $1,499,000 Ter N4796269
2022-06 2022-09 $2,950,000 $2,950,000 Sus N5677089
2022-08 2022-09 $1,299,000 $1,299,000 Ter W5742669
2022-09 2023-06 $1,199,900 $1,140,000 Sld W5769200
2024-04 2024-06 $2,200,000 $2,200,000 New X8260522
2022-09 $2,950,000 $2,950,000 N5677124
2022-04 $2,400,000 $2,400,000 N5507029

Comparables

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sold Date Address List Price sold Price DOM
2024-02 44-46 Becher St, $1,899,900 $1,850,000 107
2024-01 46 East Ave E, $699,900 $685,000 27
2023-04 583-585 King St, $1,199,900 $1,170,000 90
2023-03 292 Simcoe St, $849,000 $800,000 46
2023-03 187-193 Station St, $859,000 $859,000 25
2022-03 1 Balfour Pl, $1,250,000 $1,325,000 6
2022-03 8-10 Lisgar St, $1,790,000 $1,767,000 20
2022-02 331 Spruce St, $2,099,999 $3,420,900 94
2022-02 270-272 Whittaker St, $979,900 $960,000 18
2022-01 91 Secord Ave, $1,590,000 $1,600,000 79
2022-01 27 Carleton St N, $1,499,000 $1,332,000 115
2021-12 3731 19th St, $1,850,000 $1,893,000 52
2021-11 377 Lasalle Blvd, $999,900 $900,000 48
2021-11 35-37 Ontario Rd, $1,099,000 $1,075,000 57
2021-11 69-71 Cedar St, $1,399,000 $1,307,000 127

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Parry Sound :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 60 Church St

Based on available 3rd party data

$9209

Approximate costs per month

Mortgage
$7459 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$1614 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker MAVEN COMMERCIAL REAL ESTATE
Data Source: TRREB

Payment calculator

$9074 monthly. In association with: TD Bank
%
  • Principal and Interest
    7459 /mo
  • Property Taxes
    $1614 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Gerry Crokidas, Realtor

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