Gurvinder Nokwal REALTOR®
For Sale Fourplex 169 days on market

$599,900 ↓ $25,100 from $625,000

Est. payment $2,656/moCalculate yours

105 Gibson Street, Parry Sound, ON P2A 1X6

Parry Sound, Parry Sound, ON P2A 1X6

  • 5 Beds
  • 4 Baths
  • 2,500 Sq Ft

Listing courtesy of RIGHT AT HOME REALTY MLS® X13075114

About this home

NEW PRICE! 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

Overview

Property Type
Fourplex
Style
2-Storey
For
For Sale
Status
Price Change
Approximate Age
100+
Size
2,500 sqft

Interior

Bedrooms
5
Bathrooms
4
Kitchens
4
Basement
Unfinished

Building & Systems

Heating
Baseboard (Electric)
Cooling
None
Exterior
Vinyl Siding
Foundation
Concrete Block, Stone
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
66 x 330 Feet
Parking
None garage · 6 total
Zoning
R2-Residential Second Density w/provision SP-26.64

Financial

Property Taxes
$4,651 (2025)

Location

Neighbourhood
Parry Sound
Cross Street
Gibson and Cascade Streets
Direction Faces
East

Listing

MLS® Number
X13075114
Days on Market
169
Listed On
2026-05-02
Possession
TBA
Listed By
RIGHT AT HOME REALTY

Features

Interior

  • None

Pool

  • None
Included
All existing appliances in all units.
Excluded
All tenant belongings.
Rental items
4 Hot Water Tanks - rental approximately $1100 per year

Mortgage calculator

Minimum for this price: $34,990 (5.83%)

Amortization, years

Estimated mortgage payment

$2,656 per month

Principal and interest
$2,656
Property tax
$388
Estimated monthly cost
$3,044

Your mortgage

Mortgage amount
$479,920
Mortgage insurance
Not needed
Interest over 25 years
$316,948

Cash to close

Down payment
$119,980
Land transfer tax
$8,473
Total, before legal fees
$128,453
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

105 Gibson Street, Parry Sound, ON P2A 1X6 Parry Sound, Parry Sound, ON P2A 1X6
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$599,900 105 Gibson Street, Parry Sound, ON P2A 1X6
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