$999,950
Est. payment $4,428/moCalculate yours
0 Meadow Street, Parry Sound, ON P2A 2R1
Parry Sound, Parry Sound, ON P2A 2R1
Listing courtesy of RE/MAX Parry Sound Muskoka Realty Ltd MLS® X12628626
About this home
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!
Property details
Overview
- Property Type
- Vacant Land
- For
- For Sale
- Status
- Extension
Lot & Parking
- Lot Size
- 264 x 310.2 Feet
- Zoning
- R3-H
Financial
- Property Taxes
- $2,067 (2025)
Location
- Neighbourhood
- Parry Sound
- Cross Street
- Beaver St. and Meadow St.
- Direction Faces
- North
Listing
- MLS® Number
- X12628626
- Days on Market
- 311
- Listed On
- 2025-12-11
- Listed By
- RE/MAX Parry Sound Muskoka Realty Ltd
Mortgage calculator
Estimated mortgage payment
$4,428 per month
- Principal and interest
- $4,428
- Property tax
- $172
- Condo fees
- $0
- Estimated monthly cost
- $4,600
Your mortgage
- Mortgage amount
- $799,960
- Mortgage insurance
- Not needed
- Interest over 25 years
- $528,309
Cash to close
- Down payment
- $199,990
- Land transfer tax
- $16,474
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $216,464
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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