Parry Sound · P2A 2R1
$999,950
9 months on market
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!
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced above most comparable listings — about 98% of comparable vacant land listings in Parry Sound are asking less.
Based on 47 comparable active vacant land listings in Parry Sound. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $999,950. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX Parry Sound Muskoka Realty Ltd. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.