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105 GIBSON STREET, Parry Sound

Property Overview - Fourplex For sale

Price$ 625 000
MLS® #X13075114TypeFourplex
Bedrooms5 BedBathrooms4 Bath
Postal CodeP2A1X6

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.

Land Details

Size Frontage66
Size Depth330 ft
Lot size66 x 330 FT
Zoning DescriptionR2-Residential Second Density w/provision SP-26.64 Parry Sound - Zoning By-Laws

Building Details

TypeFourplex
Property TypeMulti-family
Bathrooms Total4
Bedrooms Above Ground5
Bedrooms Total5
Cooling TypeNone
Exterior FinishVinyl siding
Foundation TypeBlock, Stone
Heating FuelElectric
Heating TypeBaseboard heaters
Utility WaterMunicipal water


This listing of a Multi-family property For sale is courtesy of TREVOR WILLIAM JOHNSTON from RIGHT AT HOME REALTY