20 Parry Sound Road, Parry Sound

$285,000
20 Parry Sound Road

$285,000

New
18d
DetachedBungalow

20 Parry Sound Road, Parry Sound

Total Monthly Obligation $1,685

HausQ Valuation Report
Beds
3
Baths
1
Park
3
Sqft
1100-1500
DOM
18d
Score
80
Yield
12.2%
Cash on Cash
28.2%
Cap Rate
10.6%
5Y IRR
39.0%
10Y IRR
35.3%
Property Type-Detached
MLS® Number-X13866452
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-50 × 135 ft
Listed on site-Oct 5, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$1,924 (2025)
Parking-4 - None
Basement-Crawl Space
Heating-Baseboard (Electric)
Brokerage-Corcoran Horizon Realty
Cooling-Window Unit(s)
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Sewer
Possession-Immed
Neighbourhood-Parry Sound
Title-Residential Freehold

No agent assigned

Will carry for less than rent! Attention to first time buyers, investors or anyone looking to downsize. This 3 bedroom, one bathroom home needs some TLC but the potential is great. This could be your opportunity to get your foot into the real estate market. Situated on a good sized lot and slated for a new sidewalk to be installed soon and is a short walk to Georgian Bay. The newer kitchen with a farmhouse sink, cabinets and a countertop that is heat and cut resistant would be ideal for those looking to entertain. There is a deck out the back to enjoy the peace and quiet after a busy day. There isn't much available for under $300K so don't wait - call to book your appointment.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$228,000
Land Transfer Taxes$2,750
Legal Fees (Est.)
$
Total cash required for closing$61,250

Total Monthly Obligation

$1,685/mo
Mortgage $1,150
Monthly Loss $1,382
Principal$303
Interest$847
Property Tax$160
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
8.7%80
Cash-on-Cash
18.1%88
5-Year IRR
30.8%100
10-Year IRR
28.2%
Returns Index
91.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeA
80/ 100
Good•Buy

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$34,800/yr
NOI
$24,896/yr
Net Cash Flow
$925/mo
Cash Margin
31.9%97
Cash Flow Index
96.7/ 100
Risk Profile
Weight: 20%
DSCR
1.8090
LTV Ratio
80.0%18
Vacancy Buffer
5.5 mo88
Risk Index
65.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 20 Parry Sound Road

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.