72 James Street, Parry Sound, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Parry Sound. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,649,000 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.
- 0 Bedrooms and 4 Bathrooms
- Premium 132.32 x 121.1 ft lot size
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Located in the heart of downtown Parry Sound, this exceptional hospitality opportunity includes both the landmark Craic Clover restaurant and the Knights Inn motel on a highly visible corner property on James Street. Available with training for a seamless transition or for rebranding into a different concept, this is a rare chance to acquire a prominent mixed-use hospitality property in one of Ontario's premier cottage country destinations. The Craic Clover features a spacious restaurant, full patio, and an expansive upstairs event and party area, with a total liquor licence for 544 guests inside and 50 on the patio. The adjoining Knights Inn offers 18 motel rooms, with approximately half of the accommodations already renovated, providing multiple revenue streams from food service, events, and lodging. The restaurant is equipped with an 11-ft commercial hood, walk-in fridge, and quality leaseholds and equipment throughout.Comprising approximately 26,424 sq. ft. between the restaurant and motel, this outstanding corner property offers excellent signage, parking for over 20 vehicles plus municipal street parking directly in front, and exceptional visibility in downtown Parry Sound. Please do not go direct or speak to staff or ownership.
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Property Summary
This sale of business located at 72 James Street, Parry Sound is currently for sale and has been available on zoozaa for 44 days. This property is listed at $2,649,000 with an estimated mortgage of $8,818* per month. It has 0 beds, 4 bathrooms, and is unknown square feet. 72 James 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.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Parry Sound, Parry Sound.
- •4 well-appointed bathrooms
- •Desirable Sale Of Business architecture in Parry Sound, Parry Sound
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
- Yes
Community Features
None listed
Frequently Asked Questions about 72 James Street, Parry Sound, ON
Q.What is the asking price for 72 James Street, Parry Sound, ON ?
The current listing price for 72 James Street, Parry Sound, ON in Parry Sound, Parry Sound is $2,649,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and 4 bathrooms.
Q.What property type and architectural style is 72 James Street, Parry Sound, ON ?
72 James Street, Parry Sound, ON is a Sale Of Business () featuring a basement.
Q.What security features are installed at 72 James Street, Parry Sound, ON ?
Security features include: Yes.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via Yes.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Parry Sound, Parry Sound
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 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.
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.
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 72 James Street, Parry Sound, ON P2A 1T5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Parry Sound, ON
For a property listed at $2,649,000 in Parry Sound, the legal minimum down payment is $529,800 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 $52,700 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 $52,700.
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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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