Primary photo of 105 GIBSON STREET, Parry Sound
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Fourplex For Sale

$625,000

MLS® Number: X13075114

Bedrooms

5

Bathrooms

4

105 GIBSON STREET, Parry Sound, Ontario

About This Property

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.

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 Features

Irregular lot size

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

Toronto Regional Real Estate Board

Other Specifications

Country

Canada

Parking Total

6

Mortgage Calculator

20% ($125,000)
5.5%
25 Years

Estimated Monthly Payment

$3,070

Principal and interest only. Actual rates may vary.

Location & Map

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