105 Gibson Street, Parry Sound, ON P2A 1X6

For Sale 53 days on Market MLS® X13075114

Asking Price

$625,000

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105 Gibson Street, Parry Sound, ON P2A 1X6

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Overview

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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.

Bedrooms

Bathrooms

4.0

Area

2,750 sqft

Lot Size

0.5 acres

Type

Fourplex

Property Details

Year Built1926

CityParry Sound

Postal CodeP2A1X6

Lot Dimensions66.00 × 330.00 ft

Parking6 spaces

Interior Features

Heat: Baseboard

Heat Source: Electric

Cooling: None

Style: 2-Storey

Exterior & Land

Sewer: Sewer

Construction: Vinyl Siding

Roof: Asphalt Shingle

Utilities & Services

Heat SourceElectric

Water SourceNot specified

SewerSewer

Financial Information

List Price$625,000

Annual Taxes$4,651 (2025)

Days on Market53

MLS® X13075114 • Listed by RIGHT AT HOME REALTY

105 Gibson Street, Parry Sound, ON P2A 1X6

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Purchase Calculator

Home Price

$625,000.00

Location

Down Payment

$131,250.00

Payment Frequency

⚙️ Rate

Your mortgage interest rate can either be Fixed for the term or Variable.

Rate

4.70%

Rate Term

🧾 Amortization

30 years

Scenario Options

First-time Buyer

Newly Built

Insured Prefer

💸 Rental Income

🏠 Home Expenses

Monthly Rent

$900.00

Occupancy (%)

100%

Monthly Expenses

$400.00

Includes

📉 Taxes
🛠️ Maintenance
⚡ Utilities etc.

Total Monthly Cost ⚙️

/month

Principal & interest

Home expenses

Other expenses

Rental income

Monthly Mortgage$0.00
Home Expenses$0.00
Other Expenses$0.00
Rental Income$0.00

Mortgage Amount

$0.00

Closing Costs

$0.00

Mortgage Payment$0.00

Net Mortgage$0.00

Interest paid over term$0.00

Balance end of Term$0.00

Effective Amortization30 Years

Property Location

105 Gibson Street, Parry Sound, ON P2A 1X6

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