105 Gibson Street, Parry Sound, ON

$625,000
MLS#:X13075114
5 beds
4 baths
2500-3000 sqft
6.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] fourplex located in the coveted neighborhood of Parry Sound. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $625,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 4 Bathrooms with 4 functional kitchens
  • Generous living space spanning 2500-3000 sqft on a premium 66 x 330 ft lot
  • Features a ["unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: None
  • equipped with ["none"] central cooling and highly efficient baseboard heating via electric

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.

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Key Features

Bedrooms
5
Bathrooms
4
Kitchens
4
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date5/2/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeFourplex
ConstructionVinyl Siding
Lot Size66 × 330 Feet
CountyParry Sound
Annual Tax$4,651
Legal DescriptionPT LT 39 E/S GIBSON ST PL 22 AS IN RO108314; PARRY SOUND

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
Cooling["None"]

Features

Property Features

Community Features

Location

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105 Gibson Street, Parry Sound, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 105 Gibson Street, Parry Sound, ON P2A 1X6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$500,000
Monthly Mortgage$2,905
Property Tax (Est.)$388
Utilities & Maint.$350
Total Monthly Cost$3,643

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Parry Sound.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Parry Sound, Parry Sound.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$530,164

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Parry Sound Parry
Public111 Isabella Street, Parry Sound, Ontario, P2A 2G3
4.5
McDougall
Public69 Highway 124, McDougall Township, Ontario, P2A 2W7
5.2

Secondary Schools

Parry Sound Parry
Public111 Isabella Street, Parry Sound, Ontario, P2A 2G3
3.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.