Investors take note! Welcome to 105 Gibson Street, a solid 4-plex investment opportunity ideally located in the heart of Parry Sound, one of Canada's fastest-growing communities. This fully tenanted property features four self-contained units - two 1-bedroom suites, one 2-bedroom suite with laundry, and one studio apartment - all currently rented on month-to-month agreements.Each unit is separately metered for hydro, allowing tenants to manage their own utility costs, while the landlord covers water and sewage. Floor plans with room sizes are available in the attachments.With strong existing cash flow, great tenants, and a location in a thriving market, this property offers an excellent opportunity for investors looking to expand their portfolio with a turnkey, income-producing asset.
Address
105 Gibson Street
List Price
$649,900
MLS® Status
New
Expiration Date
2026-05-01
Property Type
Residential Freehold
Type of Dwelling
Fourplex
Style of Home
2-Storey
Transaction Type
Sale
Area
Parry Sound
Bedrooms
5
Bedrooms (Total)
5
Rooms Above Grade
13
Bathrooms
4
Floor Area
2500-3000 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
330
Lot Size Range (Acres)
< .50
Lot Size Units
Feet
Lot Width
66
Parcel Number
521120042
Parcel of Tied Land
No
Occupant Type
Tenant
Cross Street
Gibson and Cascade Streets
Approx. Age
100+ Years
MLS® Number
X12531122
Listing Brokerage
RIGHT AT HOME REALTY
Basement Area
Unfinished
Postal Code
P2A 1X6
Parking
Private
Parking Places (Total)
5
Parking Spaces
5
Tax Amount
$4,651.00
Tax Year
2025
Interior Features
None
Cable
Available
Central Vacuum
No
Family Room
No
Hydro
Yes
Elevator
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Central Lakes Association of REALTORS
Heat Source
Electric
Heat Type
Baseboard
Cooling Features
None
Construction Materials
Vinyl Siding
Direction Faces
East
Fireplace
No
Foundation Details
Concrete Block, Stone
Garage
No
Garage Type
None
Kitchens Total
4
Kitchens Above Grade
4
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PT LT 39 E/S GIBSON ST PL 22 AS IN RO108314; PARRY SOUND
Waterfront
No
Sewer
Sewer
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