New Listing**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!**
| MLS # | X14161598 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 5 |
| Listing Provided By | Right At Home Realty | X14161598 062229 |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 8,162,516 |
| Acreage | 0.50 |
| Cooling | No |
|---|---|
| Heat Source | Electric |
| Security Features | No |
|---|
| Utilities | Yes |
|---|
| Tax Annual Amount | 4651 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | PT LT 39 E/S GIBSON ST PL 22 AS IN RO108314; PARRY SOUND |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| County | Parry Sound |
| City | Parry Sound |
| Postal Code | P2A 1X6 |
| Area | Parry Sound |
| Listing VS Median (in P2A 1X6) | |
Price: $599,900 low | high Med: $599,900 sqft: 8,162,516 low | high Med: 8,162,516 $ / sqft: $0 low | high Med: $0 On site: 5 low | high Med: 4 | |
| Province | ON |
|---|---|
| County | Parry Sound |
| City | Parry Sound |
| Postal Code | P2A 1X6 |
| Area | Parry Sound |
| Listing VS Median (in P2A 1X6) | |
Price: $599,900 low | high Med: $599,900 sqft: 8,162,516 low | high Med: 8,162,516 $ / sqft: $0 low | high Med: $0 On site: 5 low | high Med: 4 | |