5 Wakefield Street, Parry Sound, ON

$379,000
MLS#:X13755138
3 beds
2 baths
1500-2000 sqft
3.0 parking
Residential Freehold
Residential Freehold for sale - 3 Bed, 2 Bath Home at 5 Wakefield Street Parry Sound ON listed at $379,000 (MLS# X13755138) - Main View
For Sale
Added:Sep 8, 2026(24 days ago)
Updated:Sep 8, 2026(24 days ago)
Last Checked:4 minutes ago

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Parry Sound. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $379,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 59.9 x 117 ft lot
  • Features a exposed rock, crawl space, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: None
  • Efficient forced air heating via gas

Description

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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Property Summary

This detached home located at 5 Wakefield Street, Parry Sound is currently for sale and has been available on SousaSells for 24 days. This property is listed at $379,000 with an estimated mortgage of $1,262* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 5 Wakefield Street, Parry Sound is in the Parry Sound neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Parry Sound, Parry Sound.

Highly Recommended for Families
What We Love About This Home
  • •3 spacious bedroom layout offering versatile living space
  • •2 well-appointed bathrooms
  • •1500-2000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Parry Sound.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Price$379,000
AddedSep 8, 2026 (24 days ago)
UpdatedSep 8, 2026 (24 days ago)
Last Checked4 minutes ago
Transaction TypeFor Sale
List Office NameRE/MAX Parry Sound Muskoka Realty Ltd

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionVinyl Siding
BasementExposed Rock, Crawl Space, Full
Lot Size59.9 Ă— 117 Feet
CountyParry Sound
Annual Tax$3,118
Legal DescriptionPT LT 8 E/S WAKEFIELD ST PL 10 PT 1 42R11794; PARRY SOUND

Parking & Garage

Parking Total3.0
Parking Space3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

None listed

Interior Features

  • None

Security Features

None listed

Community Features

None listed

Property History

No historical data available for this property.

This could be the first listing for this address.

Parry Sound Home Buyer Advisory & Market HubActive MLS® Listing in Parry Sound, Ontario

Looking to Buy a Home in Parry Sound?

If you are looking for a house in Parry Sound or researching Parry Sound real estate for sale, this 3-bedroom detached at 5 Wakefield Street, Parry Sound, ON offers an exceptional opportunity to buy a home in Parry Sound, Ontario. Whether you are a first-time Parry Sound home buyer or comparing active Parry Sound MLS® homes for sale, working with a dedicated Parry Sound buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.

Parry Sound Homes for Sale & MLS® Listings

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Dedicated Parry Sound Buyer Agent

Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Parry Sound realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.

Parry Sound Buyer Budget & Costs

Estimated mortgage: $1,262*/month*. Estimated Ontario Land Transfer Tax: $4,160. First-time Parry Sound home buyers may qualify for up to $8,475 in rebates.

Frequently Asked Questions: Buying a Home in Parry Sound

Frequently Asked Questions about 5 Wakefield Street, Parry Sound, ON

Q.What is the asking price for 5 Wakefield Street, Parry Sound, ON ?

The current listing price for 5 Wakefield Street, Parry Sound, ON in Parry Sound, Parry Sound is $379,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 2 bathrooms across approximately 1500-2000 sqft.

Q.What property type and architectural style is 5 Wakefield Street, Parry Sound, ON ?

5 Wakefield Street, Parry Sound, ON is a Detached (2-Storey) featuring a Exposed Rock, Crawl Space, Full basement.

Q.What interior features are included in this home?

Interior highlights include: None.

Q.Is parking available at this property?

Yes, this property offers parking space for 3.0 vehicles (None).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via None.

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Location

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5 Wakefield Street, Parry Sound, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Parry Sound, Parry Sound

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–Ľ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Pricing & Value Insights

Data-driven valuation for 5 Wakefield Street, Parry Sound, ON P2A 2V2

Estimated Sales Range
$360,000 - $371,000

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Parry Sound.

Configure Loan Settings

Interest Rate4.00%
Down Payment$113,700 (30.0%)
* Minimum Canadian down payment required for this price is $18,950.
Amortization Period30 Years
Estimated Monthly Payment$1,262Based on a loan of $265,300 over 30 years.
Purchase Price$379,000
Loan Amount$265,300
Provincial Land Transfer Tax:$4,160
Total Estimated Closing Taxes:$4,160

About Purchasing a Home in Parry Sound, ON

For a property listed at $379,000 in Parry Sound, the legal minimum down payment is $18,950 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,160 for this transaction. As this listing is in Parry Sound (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $4,160.

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Parry Sound, Parry Sound Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Parry Sound, Parry Sound.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$851,558

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Parry Sound, Parry Sound

Elementary Schools

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Secondary Schools

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Parry Sound, Parry Sound Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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