105 Gibson ST new

Parry Sound,ON P2A 1X6

$ 649900

5 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision Parry Sound

MLS Listing ID X12531122

Style 2-Storey

Bedrooms 5

Annual Tax Amount $4,651

Tax Year 2025

Property Sub-Type Fourplex

Property Description

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.

Location

Province ON

County Parry Sound

Community Parry Sound

Area Parry Sound

Zoning R2-Residential Second Density w/provision SP-26.64

Rooms

Basement Unfinished

Kitchen 4

Interior

Interior Features None

Cooling None

Inclusions All existing appliances in all units.

Exterior

Parking Features None

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 6

Building

Building Age 100+

Foundation Concrete Block,Stone

Others

ParcelsYN No

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