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5 Wakefield Street

5 Wakefield Street

Parry Sound, ON

  • 3 bed
  • 2 bath
  • approx. 1500-2000 sqft
  • Detached
  • 11 days on market
$379,000

AFFORDABLE PARRY SOUND PROJECT! Built in 1899, this 3-bedroom, 2-bathroom century home offers a great mix of character, usable space and renovation potential right in the heart of Parry Sound. The main floor features a bedroom and bathroom, separate living and dining areas, plus a bright kitchen opening into a central living space with exposed wood ceilings, warm wood accents and a wood stove. Walk out directly to the backyard, where the 60' wide lot provides a good amount of usable lawn, mature trees, a storage shed and more outdoor space than you might expect from an in-town property. Upstairs are two additional bedrooms and a second bathroom, with plenty of opportunity to continue improving the home and make it your own. Roof, siding & a natural gas furnace were updated in 2014, there is parking for three vehicles, and the unfinished basement provides additional storage. Conveniently located close to downtown, shopping, services and everything Parry Sound has to offer. A great option for a first-time buyer, contractor or investor looking for an affordable property with character and room to build equity.

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Listing Details

Taxes (2025)
$3,118
Listed
September 8, 2026

Price History

Property

Style
2-Storey
Construction
Vinyl Siding
Roof
Asphalt Shingle
Foundation
Stone, Concrete Block
Interior
None
Lot Size
59.9 x 117 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
3

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Bowes & Wakefield
Parcel Number
521110247
Possession
Immediate
Occupancy
Partial

Included

Inclusions
Fridge, Stove

Schools

Elementary

  • École élémentaire publique aux Quatre-Vents0.5 km

    French public · CS public du Nord-Est de l'Ontario

  • TBA - Near North District School Board. (Elementary)1.3 km

    Public · Near North DSB

  • Parry Sound Intermediate School School1.4 km

    Public · Near North DSB · 110 students

Secondary

  • Parry Sound High School1.2 km

    Public · Near North DSB · 625 students

    Grade 10 literacy: 69% met the provincial standard

  • École secondaire publique aux Quatre-Vents2.1 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
$468,000
Homes sold
104
Median days on market
38
Sale-to-list price
94.3%

Based on 104 recorded sales of residential freehold properties in Parry Sound over the last 12 months.

Rooms

4-piece, 3-piece

Second

  • Bathroom10'9" x 5'3"
  • Bedroom13' x 9'5"
  • Bedroom9'9" x 9'2"
  • Foyer14'11" x 8'

Main

  • Bathroom13'1" x 6'9"
  • Bedroom 216'2" x 11'4"
  • Dining Room10'10" x 10'10"
  • Family Room14'1" x 11'1"
  • Kitchen11'6" x 13'1"
  • Living Room19' x 13'

Listed by

RE/MAX Parry Sound Muskoka Realty Ltd

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$75,800

Estimated Monthly Payment

$1,862

Land transfer tax

Estimated land transfer tax$4,160

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: $1,862/mo (20% down, 5.5%)

Taxes: $260/mo · Insurance: $95/mo

Estimates only. Consult a financial advisor.

R

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