31
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$599,900
Est. payment /mo
5 Beds
4 Baths
0.5 Acres Lot
Price Dropped by $25K
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 X13075114
Style 2-Storey
Bedrooms 5
Annual Tax Amount $4,651
Tax Year 2025
Lot Size 0.498 Acres
Property Sub-Type Fourplex
Property Description
NEW PRICE! 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.
Location
State ON
County 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
Lited by RIGHT AT HOME REALTY
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