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60 Church St

Church St, Parry Sound, ON, P2A 1Y7

12
Beds
10
Baths
7,623
Sq. Ft.
$2,200,000
List Price
Details
Photos
16
Comparables
History
60 Church St, Parry Sound, ON - 1 of 3
60 Church St, Parry Sound, ON - 2 of 3
60 Church St, Parry Sound, ON - 3 of 3
41 days on market

Quick Summary

  • Diverse residential units with 4 two-bedroom, 4 one-bedroom, and 1 three-bedroom apartments
  • Versatile shop/garage space with 3 bays and double depth for additional rental income
  • Substantial lot with potential for expansion and future development
  • Rents 27% below market value, offering great upside potential
  • Immediate cash flow opportunity for investors
  • Strategically located in the heart of Parry Sound, a location poised for appreciation

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... Show More

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. Financials available upon submitting a confidentiality agreement (See Attachment Section). (id:54626)

Property Details

Size

7,623 sq. ft.
across 2 floors
12 Beds
10 Baths
10 Full

Parking

17 Parking Spaces
Detached Garage

Lot

Size
3167′11″ * 3839′11″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Partially finished
Exterior
Brick
Foundation
Block
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Baseboard heaters
Cooling
None

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
40563973
Last Updated
May 31, 2024
Brokerage
Maven Commercial Real Estate Brokerage
Powered by: REALTOR.ca
Call us 800-591-0566

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