47 Gibson Street

Parry Sound, Parry Sound

CA$1,595,000

For
Sale

bedrooms

8

bathrooms

6

Square Footage

n/a

Type of Property

Fourplex

Wedu Estimate*
New

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Details

Overview

Type
Fourplex
Style
Backsplit 4
Taxes
CA$7,996/yr

Description

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.

This fourplex home located at 47 Gibson St, Parry Sound, ON P2A 1X1 is currently for For Sale and has been available on Wedu.ca for days. This property is listed at CA$2M. It has 8 beds, 6 bathrooms, and is N/A square feet. The property is N/A years old. 47 Gibson St, Parry Sound, ON P2A 1X1 is in Parry Sound neighborhood Parry Sound.

Fees

Taxes
CA$7,996/yr
Tax Year
2025

Inside

Bedrooms
8
Bathrooms
6
Kitchens
6
Den/Family Room
Yes
Air Conditioning
Wall Unit(s)
Laundry

Building

Basement Details
Apartment, Walk-Out
Fuel
Electric
Heating
Heat Pump
Water Supply
Municipal
Exterior
Metal/Steel Siding
Roof
Metal

Land

Zoning
C1
Depth
132
Width
35
Lot Size Units
Feet
Sewer
Sewer
Pool
None
Cross Street
Bowes Street
Neighbourhood
Parry Sound
City
Parry Sound

Parking

Garage
None
Parking Features
Available
Parking Places
4

Metadata

Added
3/13/2025
Updated
4/15/2025
MLS®#
X12021198
Source
TRREB

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