Investors, check this out! Welcome to 105 Gibson Street, a solid 4-plex investment chance right in the heart of Parry Sound, one of Canada's fastest-growing communities. This fully rented property includes four self-contained units - two 1-bedroom suites, one 2-bedroom suite with laundry, and one studio apartment - all currently on month-to-month leases.Each unit has separate hydro meters, so tenants handle their own utility costs, while the landlord pays for water and sewage. Floor plans with room sizes are included in the attachments.With steady cash flow, reliable tenants, and a spot in a growing market, this property is a great option for investors wanting to add a turnkey, income-generating asset to their portfolio.
Address
105 Gibson Street
List Price
$625,000
MLS® Status
New
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 Shape
Irregular
Lot Size Range (Acres)
< .50
Lot Size Units
Feet
Lot Width
66
Parcel Number
521120042
Occupant Type
Tenant
Cross Street
Gibson and Cascade Streets
Approx. Age
100+ Years
MLS® Number
X13075114
Listing Brokerage
RIGHT AT HOME REALTY
Basement Area
Unfinished
Postal Code
P2A 1X6
Posession Details
TBA
Parking
Private
Parking Places (Total)
6
Parking Spaces
6
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
Toronto Regional Real Estate Board
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