111 James Street

Introducing a remarkable opportunity to acquire a versatile property, this house for sale in Parry Sound is situated at 111 James Street, Parry Sound. This detached two-storey residence is not only a comfortable home but also presents significant potential for commercial use, making it an ideal investment for those looking to capitalise on the thriving local market.

The property boasts a prime location on Main Street, providing excellent visibility and accessibility. The total area encompasses 1400 square feet dedicated to residential living, featuring three well-appointed bedrooms and three bathrooms. The layout is thoughtfully designed, with a second kitchen that adds convenience to daily living. This house for sale in Parry Sound is perfect for families or individuals seeking a spacious environment with ample room for relaxation and entertainment.

One of the standout features of this property is its dual functionality. The main floor, also measuring 1400 square feet, is designated for commercial or retail use. This space is equipped with a large showroom, two washrooms, and abundant storage, making it an excellent choice for entrepreneurs looking to establish a business in a bustling area. The presence of two separate hydro meters allows for straightforward management of utilities, whether you choose to operate your business or lease the space to another tenant.

The full basement adds further value to this house for sale in Parry Sound, providing additional storage or the potential for future development. This area can be tailored to suit various needs, whether for personal use or as an extension of the commercial space. The property is equipped with central air conditioning, ensuring comfort throughout the warmer months, while the radiant heating system, powered by an updated natural gas high-efficiency hot water boiler, provides warmth during the colder seasons.

Parking is another significant advantage of this property, with space available for up to five vehicles at the rear. This feature is particularly beneficial for both residential and commercial use, accommodating clients or guests with ease. The additional storage and loading area at the back of the building further enhance the practicality of this house for sale in Parry Sound, making it a functional choice for various business operations.

While the property does not include a pool or a family room, the spacious design and the abundance of natural light create a welcoming atmosphere throughout. The home is currently unfurnished, allowing new owners to personalise the space according to their tastes and preferences. The absence of a central vacuum system does not detract from the overall appeal, as the property is designed for easy maintenance.

Located within minutes of Georgian Bay, this house for sale in Parry Sound offers not only a comfortable living environment but also proximity to a range of restaurants and amenities. The vibrant community of Parry Sound provides a perfect backdrop for both residential living and commercial ventures, making this property a sound investment for those looking to enter the cottage country market.

In summary, 111 James Street, Parry Sound, presents a unique opportunity to own a property that seamlessly blends residential comfort with commercial potential. With three bedrooms, three bathrooms, and a versatile main floor space, this house for sale in Parry Sound is ideal for families, investors, or entrepreneurs. The combination of a prime location, ample parking, and the possibility for strong rental income through Airbnb or commercial leasing makes this property an attractive option for anyone looking to invest in the Parry Sound area. Don’t miss out on the chance to explore this exceptional property!

Parry Sound, nestled along the shores of the picturesque Parry Sound Harbour in Ontario, is a charming geographic entity renowned for its stunning natural beauty and vibrant outdoor lifestyle. Surrounded by the rugged landscapes of the Canadian Shield, this area boasts an intricate network of lakes and islands, making it a haven for boating, fishing, and hiking enthusiasts. The town itself features a delightful mix of quaint shops, local eateries, and cultural attractions, including the iconic Charles W. Stockey Centre for the Performing Arts. With its friendly atmosphere and a strong sense of community spirit, Parry Sound offers a serene yet engaging environment, perfect for those seeking a peaceful retreat while still enjoying the amenities of a small town.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an excellent choice for families. The closest option is Parry Sound High School, situated just 0.8 km away, offering both English and French programs for grades 9 to 12, and boasting a commendable school rating of 5.4. For younger children, Parry Sound Public School is available 1.2 km from the property, providing education from Junior Kindergarten to grade 6 under the Near North District School Board, with a solid rating of 3.9. The proximity to these schools not only supports educational needs but also enhances the community feel of the neighborhood. Parents will appreciate the ease of access to quality education, ensuring a well-rounded upbringing for their children. With both elementary and secondary options nearby, families can benefit from a seamless transition through their children's educational journey. Overall, this location is ideal for those prioritizing access to quality schools and a supportive community environment.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small population of 788 residents, with an average household size of 1.8 individuals. The community has a median age of 57.5 years, indicating a mature population. The average household income stands at $65,500, although a significant portion, 25.2%, is classified as low-income. The housing market reflects an average property price of $420,000, with a high percentage of single individuals (66.43%) and a modest presence of households with children (20.83%). The area is characterized by a substantial number of renters, making up 70.18% of the population, and notably, there are no condominiums available. Educational attainment is relatively high, with 54.55% of residents holding a college or university degree. Additionally, 16.82% of the population are immigrants, contributing to the area's diversity. However, it is important to note that 34.09% of the residents are not in the labor force, which may reflect economic challenges or lifestyle choices. Overall, this demographic snapshot highlights a community that is predominantly single, mature, and predominantly renting, with a blend of educational attainment and income levels.