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105 GIBSON STREET
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105 GIBSON STREET $649,900
$649,900
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105 GIBSON STREET
Parry Sound, Ontario P2A1X6

MLS® Number: X12531122
5
Bedrooms
4
Bathrooms
2500 - 3000
Square Feet

Listing 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. (41620959)

Location Description

Cross Streets: Gibson and Cascade Streets. ** Directions: Cascade to 105 Gibson.

Property Summary

Property Type
Multi-family
Building Type
Fourplex
Storeys
2
Square Footage
2500 - 3000 sqft
Community Name
Parry Sound
Land Size
66 x 330 FT|under 1/2 acre
Age Of Building
100+ years
Annual Property Taxes
$4,651
Parking Type
No Garage
Time on REALTOR.ca
34 days

Building

Bedrooms
Above Grade
5
Bathrooms
Total
4
Interior Features
Appliances Included
Water meter
Basement Type
Unfinished
Building Features
Foundation Type
Block, Stone
Rental Equipment
Water Heater
Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters (Electric)
Utilities
Utility Type
Cable (Available), Electricity (Installed), Sewer (Installed)
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl siding
Parking
Parking Type
No Garage
Total Parking Spaces
6

Measurements

Square Footage
2500 - 3000 sqft

Land

Lot Features
Frontage
66 ft
Land Depth
330 ft
Other Property Information
Zoning Description
R2-Residential Second Density w/provision SP-26.64
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416-892-2127
REALTOR® Website
Email
RIGHT AT HOME REALTY
Brokerage
237 QUEEN STREET
PORT PERRY, Ontario L9L1B9
905-985-8558
647-333-9234
647-333-9234
REALTOR® Website
Email
RIGHT AT HOME REALTY
Brokerage
242 KING STREET EAST #1
OSHAWA, Ontario L1H1C7
905-665-2500

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