105 Gibson Street Parry Sound, Ontario P2A 1X6
$649,900
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. (id:48469)
Property Details
| MLS® Number | X12531122 |
| Property Type | Multi-family |
| Community Name | Parry Sound |
| EquipmentType | Water Heater |
| ParkingSpaceTotal | 6 |
| RentalEquipmentType | Water Heater |
Building
| BathroomTotal | 4 |
| BedroomsAboveGround | 5 |
| BedroomsTotal | 5 |
| Age | 100+ Years |
| Appliances | Water Meter |
| BasementDevelopment | Unfinished |
| BasementType | N/a (unfinished) |
| CoolingType | None |
| ExteriorFinish | Vinyl Siding |
| FoundationType | Block, Stone |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| StoriesTotal | 2 |
| SizeInterior | 2500 - 3000 Sqft |
| Type | Fourplex |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 330 Ft |
| SizeFrontage | 66 Ft |
| SizeIrregular | 66 X 330 Ft |
| SizeTotalText | 66 X 330 Ft|under 1/2 Acre |
| ZoningDescription | R2-residential Second Density W/provision Sp-26.64 |
Utilities
| Cable | Available |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/29089837/105-gibson-street-parry-sound-parry-sound
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March 10 2026 05:49:32
Durham Region Association of REALTORS®
Right At Home Realty