118 Isabella Street 6, Parry Sound

$299,000
118 Isabella Street 6

$299,000

New
29d
Condo ApartmentOther

118 Isabella Street 6, Parry Sound

Total Monthly Obligation $2,010

Beds
2
Baths
1
Park
1
Sqft
700-799
DOM
29d
Score
32
Yield
9.1%
Cash on Cash
7.8%
Cap Rate
6.2%
5Y IRR
21.8%
10Y IRR
19.8%
Property Type-Condo Apartment
MLS® Number-X13824432
Beds-2
Bathrooms-1
Size-700-799 sqft
Listed on site-Sep 24, 2026
Style-Other
Building Type-Condo Apartment
Taxes-$1,194 (2025)
Maintenance-$504/mo
Locker-Exclusive
Parking-1 - None
Basement-None
Heating-Water (Gas)
Brokerage-RE/MAX Parry Sound Muskoka Realty Ltd
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Exterior-Metal/Steel Siding
Possession-Flexible
Neighbourhood-Parry Sound
Title-Residential Condo & Other

No agent assigned

Welcome to Unit 6 at 118 Isabella Street. This bright 2-bedroom condo offers a comfortable layout with a spacious living area, large windows, a separate dining nook, and exposed brick that adds a bit of character. The kitchen has plenty of cupboard and counter space, while both bedrooms are a good size, including a generous primary with ample closet space. Set on a large property with mature trees and plenty of parking, the building is conveniently located close to downtown Parry Sound, shopping, restaurants, the waterfront, and everyday amenities. A great option for first-time buyers, downsizers, or anyone looking for simple, low-maintenance living in town.

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%
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$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$239,200
Land Transfer Taxes$2,960
Legal Fees (Est.)
$
Total cash required for closing$64,260

Total Monthly Obligation

$2,010/mo
Mortgage $1,206
Monthly Loss $1,692
Principal$317
Interest$889
Property Tax$100
Condo Fees$504
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
5.0%38
Cash-on-Cash
0.8%9
5-Year IRR
16.6%80
10-Year IRR
16.1%
Returns Index
43.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
32/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$27,348/yr
NOI
$14,971/yr
Net Cash Flow
$42/mo
Cash Margin
1.8%7
Cash Flow Index
6.7/ 100
Risk Profile
Weight: 20%
DSCR
1.0330
LTV Ratio
80.0%18
Vacancy Buffer
4.7 mo80
Risk Index
42.5/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 118 Isabella Street 6

Time

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Data last updated within the past 24 hours.