
Parry Sound, ON P2A 2R1
Discover an outstanding development opportunity with this prime 1.88-acre R3-H (high-density residential) vacant lot, ideally located at the corner of Meadow Street and Beaver Street in the Town of Parry Sound. This rare offering sits within walking distance to the new West Parry Sound Health Centre, downtown shopping, and the sparkling shores of Georgian Bay, making it an unbeatable location for a wide range of projects. Zoned R3-H, this versatile property supports a variety of potential uses including townhouses, fourplex, apartment building, retirement residence, and more. Endless possibilities for investors and builders looking to create much-needed housing or mixed-use space in a high-demand area. Buyers are encouraged to contact the Township directly to verify and discuss permitted uses and explore specific development concepts. All town services, including municipal water, sewer, natural gas and hydro-are available at the road, simplifying the planning process and reducing infrastructure costs.As a unique bonus, the seller is offering a VTB option (Vendor Take-Back Mortgage) and is open to a Build-to-Suit arrangement, providing excellent flexibility for qualified buyers.Whether you're envisioning multi-residential development or a custom-built project, this property delivers location, convenience, and opportunity in one of Parry Sound's most desirable growth areas. Don't miss your chance to secure a strategic piece of land in a thriving Northern Ontario community!
TRREB MLS® Attribution
MLS® X12628626
Listed by RE/MAX Parry Sound Muskoka Realty Ltd
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$4,883
/month · $799,960 mortgage
Amortization
Total Interest
$664,906
Total Cost
$1,464,866
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
RE/MAX Parry Sound Muskoka Realty Ltd