
47 Gibson Street
Parry Sound, ON P2A 1X1
- 8Bedrooms
- 6Bathrooms
- 0Garage
- 3500–5000Sq Ft
- $7,996Tax
- 35×132 ftLot Size
- Estimated Value:$1,277,168See Free Estimate Report

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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.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $790,000 over $500K
$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 |
Land Transfer Tax
$22,275
$22,275
Around this home
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