105 GIBSON STREET, Parry Sound, Ontario, P2A1X6

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For sale, ID#: X12531122
105 GIBSON STREET
Parry Sound Ontario
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5 Beds
4 Bath
$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:2471)

Representatives
The Jancsik's Broker and REALTOR®
ROYAL HERITAGE REALTY LTD., BROKERAGE
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Property Details
  • Property Address: 105 GIBSON STREET, Parry Sound, Ontario, P2A1X6
  • Community Name: Parry Sound
  • Property Type: Multi-family
  • Zoning Description: R2-Residential Second Density
  • Lot Size: 66 x 330 FT
  • Acreage: 66 x 330 FT|under 1/2 acre
  • Sewage Type: Sanitary sewer
  • Water Type: Municipal water
  • Driveway: No Garage
  • Total Parking Spaces: 6
Structure Details
  • Structure Style: Fourplex
  • Storeys: 2
  • Floor Space: 2500 - 3000 sqft
  • Building Age: 100+ years
  • Bedrooms: 5
  • Bathrooms: 4-Total
  • Basement Type: N/A (Unfinished)
  • Heating Type: Electric, Baseboard heaters
  • Cooling: None
  • Exterior Type: Vinyl siding
  • Foundation Type: Block, Stone
  • Appliances Included: Water meter
Neighbourhood Information

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105 GIBSON STREET, Parry Sound, Ontario, P2A1X6

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