105 Gibson Street
Parry Sound, ON
5 bed • 4 bath • approx. 2500-3000 sqft • Fourplex • 112 days on market
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.
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Listing Details
- Taxes (2025)
- $4,651
- Listed
- May 2, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Age
- 100+
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Concrete Block, Stone
- Interior
- None
- Lot Size
- 66 x 330 Feet
Utilities
- Sewer
- Sewer
- Heat Source
- Electric
Location & Legal
- Cross Street
- Gibson and Cascade Streets
- Zoning
- R2-Residential Second Density w/provision SP-26.64
- Parcel Number
- 521120042
- Possession
- Flexible
Commercial
- Occupancy
- Tenant
Included
- Inclusions
- All existing appliances in all units.
- Exclusions
- All tenant belongings.
- Rental Items
- 4 Hot Water Tanks - rental approximately $1100 per year
Schools
Secondary
- Parry Sound High School0.4 km
Public · Near North DSB · 625 students
Grade 10 literacy: 69% met the provincial standard
- École secondaire publique aux Quatre-Vents1.3 km
French public · CS public du Nord-Est de l'Ontario
Elementary
- TBA - Near North District School Board. (Elementary)0.5 km
Public · Near North DSB
- Parry Sound Intermediate School School0.5 km
Public · Near North DSB · 110 students
- École élémentaire publique aux Quatre-Vents0.7 km
French public · CS public du Nord-Est de l'Ontario
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area P2A
- Population
- 14,695
- Private dwellings
- 10,034
- Median age
- 54
- Average household size
- 2.2
- Median household income
- $73,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Parry Sound · last 12 months
- Median sold price
- $472,500
- Homes sold
- 104
- Median days on market
- 38
- Sale-to-list price
- 94.1%
Based on 104 recorded sales of residential freehold properties in Parry Sound over the last 12 months.
Listed by
RIGHT AT HOME REALTY
Location
Mortgage Calculator
$125,000
Estimated Monthly Payment
$3,070
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,070/mo (20% down, 5.5%)
Taxes: $388/mo · Insurance: $156/mo
Estimates only. Consult a financial advisor.
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