Primary photo of 105 GIBSON STREET, Parry Sound
1 / 34

Fourplex For Sale

$649,900

MLS® Number: X12531122

Bedrooms

5

Bathrooms

4

105 GIBSON STREET, Parry Sound, Ontario

About This Property

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.

Property Details

Interior Details

Appliances

Water meter

Basement

Unfinished, N/A

Bathrooms Total

4

Bedrooms Total

5

Cooling

None

Heating

Baseboard heaters, Electric

Building & Exterior

Exterior Features

Vinyl siding

Foundation Details

Stone, Block

Parking Features

No Garage

Stories

2.0

Land & Location

City Region

Parry Sound

Frontage Length

66.0 feet

Lot Size Dimensions

66 x 330 FT

Postal Code

P2A1X6

Utilities & Services

Utilities

Sewer, Electricity, Cable

Listing & Financials

Listing Office

RIGHT AT HOME REALTY

Originating System Name

Central Lakes Association of REALTORS®

Other Specifications

Country

Canada

Parking Total

6

Mortgage Calculator

20% ($129,980)
5.5%
25 Years

Estimated Monthly Payment

$3,193

Principal and interest only. Actual rates may vary.

Location & Map

Similar Listings

List Property