105 Gibson Street, Parry Sound, ON P2A 1X6
Parry Sound · Near Gibson and Cascade Streets · View map
About this home
**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!**
The home
- Type
- Investment
- Square footage
- 2017 sq ft
- Bedrooms
- 5
- Bathrooms
- 4
- Kitchens
- 4
- Lot size
- 66 x 330 ft
- Approximate age
- 100+ years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating fuel
- Electric
- Heating type
- Baseboard
Garage & parking
- Driveway spaces
- 6
- Total parking
- 6
Taxes & other
- Property taxes
- $4,651/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Gibson and Cascade Streets
- Neighbourhood
- Parry Sound
More
- MLS® number
- X14161598
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
105 Gibson Street, Parry Sound, ON P2A 1X6
Parry Sound · Near Gibson and Cascade Streets
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Listing history for 105 Gibson Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 105 Gibson Street
Answers come straight from this home’s MLS® listing.
How much is 105 Gibson Street listed for, and what would it cost each month?
105 Gibson Street is listed for $599,900. With 20% down ($119,980), the mortgage payment would be roughly $2,420 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,807 a month, all in. That figure is an illustration, not a quote.
Is 105 Gibson Street freehold or a condo, and is there a monthly fee?
105 Gibson Street is a investment in Parry Sound. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 105 Gibson Street have?
105 Gibson Street has 5 bedrooms and 4 bathrooms.
Does 105 Gibson Street have a garage and parking?
The listing does not show a garage. The driveway adds 6 spaces. In total the listing counts 6 parking spaces.
What style of home is 105 Gibson Street?
105 Gibson Street is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 105 Gibson Street, and what is the lot size?
The lot is listed as 66 x 330 ft.
How is 105 Gibson Street heated and cooled?
Heating is baseboard (electric). The listing does not show air conditioning.
What are the property taxes for 105 Gibson Street?
Property taxes are $4,651 a year (2025), or about $388 a month.
Where is 105 Gibson Street?
105 Gibson Street is in Parry Sound. The nearest main intersection is Gibson and Cascade Streets. The postal code is P2A 1X6.
Is 105 Gibson Street still for sale?
Yes. It is an active listing (MLS® X14161598). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 105 Gibson Street asking?
Similar properties for sale nearby right now include 105 Gibson Street at $599,900 (5 bed), 18 William Street at $624,900 and 0 Edward Street at $465,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 105 Gibson Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 105 Gibson Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Parry Sound, picked by style, size and price.
Fourplex$599,900105 Gibson Street, Parry Sound5 bed · 4 bath · Parry SoundCourtesy of: RIGHT AT HOME REALTYView home →
Investment$624,90018 William Street, Parry Sound2 bath · Parry SoundCourtesy of: RE/MAX Parry Sound Muskoka Realty LtdView home →
Land$465,0000 Edward Street, Parry SoundParry SoundCourtesy of: Engel & Volkers Parry SoundView home →Courtesy of: Right At Home Realty
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.