128 ISABELLA Street
Parry Sound, ON
- 6 bed
- 3 bath
- approx. 2000-2500 sqft
- Triplex
- 94 days on market
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.
Listing Details
- Taxes (2026)
- $6,706
- Listed
- June 10, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Age
- 16-30
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Concrete Block
- Interior
- None
- Lot Size
- 71.56 x 97.34 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 5
Utilities
- Sewer
- Sewer
- Heat Source
- Electric
Location & Legal
- Cross Street
- Church Street North to Isabella, turn left. Property on left. SOP.
- Zoning
- R2
- Parcel Number
- 521070241
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- All existing appliances.
- Exclusions
- Tenant belongings.
Schools
Elementary
- TBA - Near North District School Board. (Elementary)0.1 km
Public · Near North DSB
- Parry Sound Intermediate School School0.2 km
Public · Near North DSB · 110 students
- Parry Sound Public School School0.9 km
Public · Near North DSB · 435 students
Grade 3 reading: 51% met the provincial standard · Grade 6 math: 51% met the provincial standard
Secondary
- Parry Sound High School0.2 km
Public · Near North DSB · 625 students
Grade 10 literacy: 69% met the provincial standard
- École secondaire publique aux Quatre-Vents1 km
French public · CS public du Nord-Est de l'Ontario
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area P2A
- Population
- 14,695
- Private dwellings
- 10,034
- Median age
- 54
- Average household size
- 2.2
- Median household income
- $73,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Parry Sound · last 12 months
- Median sold price
- $472,500
- Homes sold
- 102
- Median days on market
- 38
- Sale-to-list price
- 94.1%
Based on 102 recorded sales of residential freehold properties in Parry Sound over the last 12 months.
Listed by
Engel & Volkers Parry Sound
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$129,800
Estimated Monthly Payment
$3,188
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,188/mo (20% down, 5.5%)
Taxes: $559/mo · Insurance: $162/mo
Estimates only. Consult a financial advisor.
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