105 Gibson Street
Parry Sound, P2A 1X6
FOR SALE
$599,900
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Investment
CATEGORY 66 x 330
LOT SIZE X14161598
MLSID Contact Us
Property Description
**Investors Take Note! Four Units, Established Rental Income, and Excellent Investment Potential!** Welcome to 105 Gibson Street, a fully tenanted fourplex ideally located in the heart of Parry Sound, one of Canada's fastest-growing communities. This income-producing property offers four self-contained units: two 1-bedroom apartments, one 2-bedroom suite with laundry, and one studio apartment, all rented on month-to-month agreements. Separate hydro meters allow tenants to pay their own electricity costs, helping minimize landlord expenses, while water and sewage remain the owner's responsibility. With established rental income, reliable tenants, diversified rental units, and potential for future rental growth, this property offers investors an attractive opportunity to build equity and expand their real estate portfolio. Floor plans with room measurements are available in the attachments. **A turnkey investment opportunity with immediate income and long-term potential!**
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Property Details
Address
105 Gibson Street
Community
City
Postal Code
P2A 1X6
Property Type
Investment, Investment
Use
Apartment
Zoning
R2-Residential Second Density w/provision SP-26.64
Lot Size
66' x 330'
Acreage
0.5 Feet
Taxes
$4,651 (2025
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
6
Garage Type
None
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Listing contracted with Right At Home Realty
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