$599,000
Est. payment $2,652/moCalculate yours
128 ISABELLA Street, Parry Sound, ON P2A 1N1
Parry Sound, Parry Sound, ON P2A 1N1
- 6 Beds
- 3 Baths
- 2,000 Sq Ft
Listing courtesy of Engel & Volkers Parry Sound MLS® X13848752
About this home
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
Overview
- Property Type
- Triplex
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 16-30
- Size
- 2,000 sqft
Interior
- Bedrooms
- 6
- Bathrooms
- 3
- Kitchens
- 3
- Basement
- None
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- None
- Exterior
- Vinyl Siding
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 71.56 x 97.34 Feet
- Parking
- None garage · 5 total
- Zoning
- R2
Financial
- Property Taxes
- $4,829 (2026)
Location
- Neighbourhood
- Parry Sound
- Cross Street
- Church Street North to Isabella, turn left. Property on left. SOP.
- Direction Faces
- South
Listing
- MLS® Number
- X13848752
- Days on Market
- 17
- Listed On
- 2026-10-01
- Possession
- Flexible
- Listed By
- Engel & Volkers Parry Sound
Features
Interior
- None
Pool
- None
- Included
- All existing appliances.
- Excluded
- Tenant belongings.
Mortgage calculator
Estimated mortgage payment
$2,652 per month
- Principal and interest
- $2,652
- Property tax
- $402
- Condo fees
- $0
- Estimated monthly cost
- $3,055
Your mortgage
- Mortgage amount
- $479,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $316,473
Cash to close
- Down payment
- $119,800
- Land transfer tax
- $8,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $128,255
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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