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:49187)
Property Details
| MLS® Number | X12531122 |
| Property Type | Multi-family |
| Community Name | Parry Sound |
| Equipment Type | Water Heater |
| Parking Space Total | 6 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Age | 100+ Years |
| Appliances | Water Meter |
| Basement Development | Unfinished |
| Basement Type | N/a (unfinished) |
| Cooling Type | None |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Block, Stone |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 2500 - 3000 Sqft |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 330 Ft |
| Size Frontage | 66 Ft |
| Size Irregular | 66 X 330 Ft |
| Size Total Text | 66 X 330 Ft|under 1/2 Acre |
| Zoning Description | 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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November 11 2025 06:32:01
Durham Region Association of REALTORS®
Right At Home Realty