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128 ISABELLA Street

Parry Sound / Parry Sound, ON P2A 1N1

ActiveFor Sale
6 Beds
3 Baths
2,000 Sq Ft
Multi-Family
Virtual Tour Available

About This Property

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.

Property Details

StatusActive
Property TypeMulti-Family
Listing TypeFor Sale
Interior Size2,000 sq ft
Bedrooms6
Bathrooms3
Postal CodeP2A 1N1
Last UpdatedAug 8, 2026 · 9:13 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X13430980

Listed by Engel & Volkers Parry Sound

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.

$649,000

asking price

MLS®X13430980
TypeMulti-Family
CityParry Sound
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$3,169

/month · $519,200 mortgage

Down Payment20% — $129,800
Interest Rate5.5%

Amortization

Total Interest

$431,546

Total Cost

$950,746

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

Engel & Volkers Parry Sound