Was listed for:Expired Sep 1, 2026
$1,290,000

47 Gibson Street

Parry Sound, ON P2A 1X1

Detached House ExpiredNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 47 Gibson Street, Parry Sound

2026-03-26
2026-09-01
Expired
Price
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MLS#
x12925560
2025-03-13
2026-01-14
Expired
Price
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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 47 Gibson Street, Parry Sound

Summarized Description

  • Historic building with unique charm and character
  • Fully renovated with modern amenities
  • Original 1898 pine floors retained
  • Prime location near downtown and waterfront
  • All units equipped with HRVs for ventilation
  • Basement features walk-out access to backyard
  • Solar battery array adds energy efficiency
  • Investment potential in a thriving community

In the heart of Parry Sound, 47 Gibson Street is a historic 4-unit building that beautifully combines rich heritage with artistic flair. Great care was taken during a full 2020 gutting and renovation where all wiring, plumbing, windows, appliances, and studs were replaced or reinforced. As much of the original character as the local building inspector allowed was retained to create a true one-of-a-kind "shabby chic" building, such as the original 1898 pine floors. This unique property offers an unparalleled opportunity for those seeking both charm and potential. The building is steeped in history, with each of its well-appointed units featuring distinctive architectural elements and artistic details that highlight the area's cultural significance. From the moment you step inside, you're greeted by a sense of warmth and character that is hard to find elsewhere. The location of this property is a true standout, situated in one of the most desirable areas of Parry Sound, with easy access to local amenities, charming shops, and stunning waterfront views. The main floor is wheelchair accessible. The 2 sunrooms are off the Carmichael and Thomson units. All four units are equipped with HRVs. The vibrant downtown scene is just a short walk away, providing residents and tenants with the perfect mix of quiet residential living and proximity to everything this picturesque town has to offer. Whether you're looking to preserve the building's artistic history or capitalize on a promising investment, 47 Gibson Street offers incredible potential. With a combination of historic charm, a prime location, and strong investment appeal, this property is a rare gem in a thriving community. SQFT- 2300 per floor, as well as 2200 in the lower level (basement). The basement not only has 1 unit but has an entrance via the stairs as well as a walk-out into the backyard. The lower level also has a storage room equipped with all of the electrical panels. Brand new solar battery array 50k value.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$7,996
Land Transfer Tax Fee
$22,275

Basement Type
Apartment, Finished with Walk-Out

Interior Features

Interior Extras
Carpet Free
View
Skyline
Security Features
Security System
Fireplace/Stove
Yes
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Detached
Building Style
2-Storey

Construction

Exterior Finish
Metal/Steel Siding
Roof
Metal
Foundation Details
Brick, Concrete Block, Insulated Concrete Form, Stone
Special Designation
Other

Lot

Lot Front
35.00 ft
Lot Depth
132.00 ft

Exclusions

Exclusions
Specific items of the sellers choosing.

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
4
Total Garage And Parking Spaces
4

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
Wall Unit(s)
Water
Municipal
Sewers
Sewer

Bedrooms
8
Washrooms
6
Kitchens
6
Family / bonus room
Yes

Washrooms

  • 4-piece

Municipality
Parry Sound
Neighbourhood
Parry Sound
Main cross streets
Bowes
Zoning
C1
Directions
From Bowes street, turn onto Gibson street.

MLS® number
X12925560
Data source
Toronto Regional Real Estate Board
Status change
2026-09-01
Listed on
2026-03-26
Days on market
159 days
Possession date
2026-04-30
Possession type
Flexible
Co-op commission
1.5
Seller
Listed by
RE/MAX Parry Sound Muskoka Realty Ltd

Home Market Value

Current home valuation for 47 Gibson Street, Parry Sound, Parry Sound, ON. Listed for $1,290,000

HOMEH Estimate

?

$1,277,168

Estimated Sales Range

?

$766,301 - $1,788,035

HOMEH Estimate for 47 Gibson Street, Parry Sound

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

$1,277,168Low confidence
Based on 3 comparable properties
+ $12,832 (1%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Parry Sound, ON
Minimum Down Payment Required:8.1%

5% on first $500K + 10% on $790,000 over $500K

Minimum down payment

$104,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$47,420$35,991$30,702$0
=Total mortgage
$1,232,930$1,196,991$1,127,202$1,032,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$6,020monthly$5,844monthly$5,504monthly$5,039monthly
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Land Transfer Tax

Provincial

$22,275

Total Land Transfer Tax

$22,275

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