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111 Gibson St Street

111 Gibson St Street

Parry Sound, ON

  • 2 bed
  • 2 bath
  • approx. 1100-1500 sqft
  • Detached
  • 32 days on market
$449,000

There is something appealing about a home you can make your own especially when the location and space are already in place. Set on a deep in-town lot in Parry Sound, this two-bedroom home offers a practical starting point for buyers who are not afraid of some updating and can see the potential in creating a home that works for their family. The main floor begins with a gorgeous foyer with closets and additional storage, followed by an open living and dining area, a functional kitchen ready for its next chapter, a four-piece bathroom and convenient main-floor laundry. Upstairs are two bedrooms and a three-piece bathroom, while a full basement provides plenty of additional storage. Some renovations have already started, including a newer roof in 2023, while other areas of the home will benefit from updating. Natural gas hot-water radiant heating, municipal water and sewer add to the practical side of in-town living. Outside, the approximately 0.47-acre property is notably deep, offering considerably more outdoor space than you might expect from an in-town home. The added bonus of a rear deck and two sheds provides outdoor storage and a convenient seating area. Located close to schools, downtown amenities and the everyday conveniences of Parry Sound, this is an opportunity for someone willing to put in the work and create a family home over time. The property is being sold in its current condition with the estate making no representations or warranties.

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Listing Details

Taxes (2025)
$3,368
Listed
August 18, 2026

Price History

Property

Style
2-Storey
Age
100+
Construction
Brick, Vinyl Siding
Roof
Asphalt Shingle
Foundation
Concrete Block, Stone
Interior
Storage, Water Heater
Lot Size
61.9 x 329.6 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
4

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Cascade St.
Zoning
R2
Parcel Number
521120039
Possession
Flexible
Occupancy
Vacant

Included

Inclusions
All chattels and fixtures that remain in and about the said property on closing.
Exclusions
Personal Items
Rental Items
Water Heater

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-Vents1.2 km

    French public · CS public du Nord-Est de l'Ontario

Elementary

  • TBA - Near North District School Board. (Elementary)0.4 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
$468,000
Homes sold
104
Median days on market
38
Sale-to-list price
94.3%

Based on 104 recorded sales of residential freehold properties in Parry Sound over the last 12 months.

Rooms

4-piece, 3-piece on Second

Second

  • Bathroom6'8" x 7'7"
  • Bedroom9'10" x 12'6"
  • Primary Bedroom14'2" x 11'10"

Main

  • Bathroom5' x 9'3"
  • Bedroom
  • Dining Room10'6" x 12'3"
  • Foyer5'11" x 12'3"
  • Kitchen11'1" x 16'1"
  • Laundry15'10" x 9'9"
  • Living Room16'10" x 12'2"
  • Mud Room9'5" x 16'7"

Basement

  • Other16'2" x 19'7"
  • Other20'7" x 22'8"
  • Other10'1" x 15'5"

Listed by

Royal LePage Team Advantage Realty

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$89,800

Estimated Monthly Payment

$2,206

Land transfer tax

Estimated land transfer tax$5,455

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,206/mo (20% down, 5.5%)

Taxes: $281/mo · Insurance: $112/mo

Estimates only. Consult a financial advisor.

R

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