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$649,900
Est. payment /mo
5 Beds
4 Baths
New
105 Gibson ST Parry Sound, ON P2A 1X6
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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
Rooms
Family Room No
Basement Unfinished
Kitchen 4
Interior
Interior Features None
Cooling None
Fireplace No
Heat Source Electric
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 66.0
Lot Depth 330.0
Total Parking Spaces 5
Building
Building Age 100+
Foundation Concrete Block, Stone
Others
ParcelsYN Yes
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