Apartment buildings for sale in Northern Ontario

128 ISABELLA Street, Parry Sound

2 to 5 units
Listed by Engel & Volkers Parry Sound
Updated June 11, 2026
$649,000
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Details from the listing

Property taxes$6,706 (2026)
Lot size0.13 acres
OccupancyTenant
HeatBaseboard, Electric

From the listing

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.

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Listings refreshed October 1, 2026 at 12:25 a.m. ET