DetachedListed today

5 Melissa St, Parry Sound

Name: 5 Melissa Street
SKU: X14131248
Price: 440000 CAD
Availability: InStock

Parry Sound, ON · · MLS® X14131248Updated October 30, 2026

$440,000Est. $2,162/mo mortgage

Bedrooms: 2
Bathrooms: 1
Living space: 700–1100sq ft

Type Detached
Lot 50 acres
Basement Crawl Space, Unfinished

What you should know

5 Melissa St is a 2-bedroom, 1-bathroom detached home in Parry Sound, listed for $440,000. It has 700-1100 sq ft of living space.

The renovated kitchen offers a fresh, updated space to prepare meals and enjoy everyday living.
A renovated, enclosed and heated mudroom provides a welcoming entry, while the rear sunroom has been upgraded from three-season to four-season use, offering additional space to enjoy year-round.
Step outside onto the beautifully updated deck-perfect for hosting guests or simply relaxing and enjoying the day.

Ask Zara:

2 Bed, 1 Bath Detached Home in Parry Sound

About 5 Melissa Street

Welcome to 5 Melissa Street in Parry Sound! Freshly renovated, painted and move-in ready, this home is a wonderful option for first-time buyers or those looking to downsize. The renovated kitchen offers a fresh, updated space to prepare meals and enjoy everyday living. A renovated, enclosed and heated mudroom provides a welcoming entry, while the rear sunroom has been upgraded from three-season to four-season use, offering additional space to enjoy year-round. Laundry on the same floor adds everyday convenience. Step outside onto the beautifully updated deck-perfect for hosting guests or simply relaxing and enjoying the day. A shed at the back of the property 12ft x 20ft features finished flooring and provides useful storage space. Head up the hill to enjoy an evening by the fire. The driveway was updated in 2023, and the roof is approximately 7-8 years old. Situated in a quiet neighbourhood with a park directly across the road, the hospital just down the street, and both public and catholic schools only minutes away in town, this home offers a convenient location with plenty to enjoy. A welcoming place to call home, ready for its next chapter!

2 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $629 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 5 Melissa St

Every detail from the listing, in one place.

Type: Detached
Style: Bungaloft
Living space: 700-1100 sq ftas stated on the listing
Basement: Crawl Space, Unfinished

Features & systems

Parking & garage

Parking spaces: 0

Interior

Basement: Crawl Space · Unfinished

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Bungaloft
Property class: Detached

5 Melissa St Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Oct 30, 2026For saleListedThis listingMLS® X14131248$440,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 5 Melissa St Compares to the Parry Sound Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Well Above Market· based on 74 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Parry Sound market, last 90 days

Median sold price: $466,000
Average sold price: $469,720
Average days on market: 47
Homes sold: 41

Closed sales on the TRREB MLS®.

Full Parry Sound market report

Recently sold nearby in Parry Sound

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

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Home	Sold price	$ / sqft	% of asking	Sold
This home5 Melissa Street 2 bd · 1 ba · 700 sqft	$440,000asking	$629	—	—
35 William Street 4 bd · 2 ba · 1,500 sqft
4 Margaret Street 2 bd · 1 ba · 1,100 sqft
53 Dennis Drive 3 bd · 2 ba · 2,000 sqft
5 Burritt Street 3 bd · 1 ba · 1,500 sqft
65 Isabella Street 3 bd · 1 ba · 700 sqft
8 ANSLEY Street 3 bd · 3 ba · 2,000 sqft

35 William Street
4 bd · 2 ba · 1,500 sqft
4 Margaret Street
2 bd · 1 ba · 1,100 sqft
53 Dennis Drive
3 bd · 2 ba · 2,000 sqft
5 Burritt Street
3 bd · 1 ba · 1,500 sqft
65 Isabella Street
3 bd · 1 ba · 700 sqft
8 ANSLEY Street
3 bd · 3 ba · 2,000 sqft

Living in Parry Sound: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

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How long is your commute?

From 5 Melissa St. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 5 Melissa St

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $2,162; 20% down · 25 years · 5.5% assumed
Property tax: $242; 0.66% mill rate · ON
Total per month: $2,404; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$2,162

/mo

based on the purchase price of $440,000

Down payment20%

$88,000 cash

Amortization25 yr

$352,000 financed

Rate5.50%

$296,476 total interest

Principal54%$352,000

Interest46%$296,476

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

For homeowners nearby

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Listing brokerage: RE/MAX Parry Sound Muskoka Realty Ltd, BrokerageMLS® X14131248 · Listing data last updated October 30, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

For sale· listed Oct 29· $629/sq ft

Estimated monthly mortgage$2,162/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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