Listed for:Listed May 2, 2026
$599,900

105 Gibson Street

Parry Sound, ON P2A 1X6

Multiplex For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 105 Gibson Street, Parry Sound

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 105 Gibson Street, Parry Sound

Summarized Description

  • Located in Parry Sound's growing community
  • Investment opportunity with steady cash flow
  • Includes four self-contained rental units
  • All units currently fully rented
  • Separate hydro meters for tenant utilities
  • Turnkey property ready for investors
  • Month-to-month leases provide flexibility

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,651
Land Transfer Tax Fee
$8,473

Rental Items

Rental Equipment
4 Hot Water Tanks - rental approximately $1100 per year

Basement Type
Unfinished

Interior Features

Laundry Level
Main Level
Interior Extras
None
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
2-Storey
Approx Age
100+

Construction

Exterior Finish
Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Concrete Block, Stone
Special Designation
Unknown

Lot

Lot Front
66.00 ft
Lot Depth
330.00 ft
Lot Size
0.498
Lot Shape
Irregular

Inclusions

Inclusions
All existing appliances in all units.

Exclusions

Exclusions
All tenant belongings.

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
6
Total Garage And Parking Spaces
6

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
None
Water
Municipal
Sewers
Sewer
Natural Gas
Available
Hydro
Yes
Cable
Available
Telephone
Available

Bedrooms
5
Washrooms
4
Kitchens
4

Room sizes

  • Room—

Washrooms

  • 4-piece, Second
  • 4-piece, Main

Municipality
Parry Sound
Neighbourhood
Parry Sound
Main cross streets
Gibson and Cascade Streets
Zoning
R2-Residential Second Density w/provision SP-26.64
Directions
Cascade to 105 Gibson St.

MLS® number
X13075114
Data source
Toronto Regional Real Estate Board
Listed on
2026-05-02
Updated on
2026-09-27
Days on market
173 days
Possession type
Flexible
Co-op commission
2.5%+HST
Seller
Listed by
RIGHT AT HOME REALTY

Home Market Value

Current home valuation for 105 Gibson Street, Parry Sound, Parry Sound, ON. Listed for $599,900

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 105 Gibson Street, Parry Sound

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Parry Sound, ON
Minimum Down Payment Required:5.8%

5% on first $500K + 10% on $99,900 over $500K

Minimum down payment

$34,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$22,580$16,737$14,278$0
=Total mortgage
$587,086$556,647$524,193$479,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,866monthly$2,718monthly$2,559monthly$2,343monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$8,473

Total Land Transfer Tax

$8,473

Around this home

3/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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3.9 /10

Parry Sound

Public·secondary·410m

3.9 /10

Parry Sound

Public·elementary·940m

1.8 /10

St Peter's

Private·elementary·1.6km

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