73 Gibson Street, Parry Sound, ON
Property Highlights
Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of Parry Sound. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $450,000 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.
- 2 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 189.46 x 41.38 ft lot
- Features a unfinished, crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Parry Sound Investment Opportunity. This updated duplex is ideally located within walking distance of downtown Parry Sound. The main-level unit features high ceilings, living room, spacious bedroom with a closet, kitchen (fridge & stove), in-suite laundry, 4-piece bath and ample storage plus a covered patio. The upper unit includes a living room with closet, large bedroom, an eat-in kitchen, 4-piece bath with laundry and an enclosed porch for extra storage. Paved parking allows 2 spaces per unit. Key updates include new shingles (2019), a natural gas furnace (2021) and central A/C. Each unit has separate hydro and water/sewer meters with one natural gas meter for heat and A/C. The oversized lot offers future development potential with a second water and sewer hookup already in place on the Rosetta Street side. Call today for more details!
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Property Summary
This duplex located at 73 Gibson Street, Parry Sound is currently for sale and has been available on SousaSells for 517 days. This property is listed at $450,000 with an estimated mortgage of $1,498* per month. It has 2 beds, 2 bathrooms, and is 1100-1500 square feet. 73 Gibson Street, Parry Sound is in the Parry Sound neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Features
Property Features
Hospital, Library, Park, Place Of Worship, School, School Bus Route
Interior Features
Water Heater Owned
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 73 Gibson Street, Parry Sound, ON P2A 1X2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Parry Sound, ON
For a property listed at $450,000 in Parry Sound, the legal minimum down payment is $22,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $5,475 for this transaction. As this listing is in Parry Sound (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $5,475.
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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.