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Renanza Realty
For sale

105 GIBSON STREET

Parry Sound, Ontario

MLS® X13075114

$625,000

Status
Active
Property type
Multi-family
MLS® number
X13075114
Bedrooms
5
Bathrooms
4
Year built

Listing description

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.

Property summary

MLS® number
X13075114
Property type
Multi-family
Building type
Fourplex
Land size
66 x 330 FT
Annual property taxes
$4,651.00
Parking
6 spaces · No Garage
Days on market
116 days

Features & details

Heating
Baseboard heaters, Electric
Cooling
None
Basement
Unfinished, N/A
Appliances
Water meter
Exterior features
Vinyl siding
Lot features
Irregular lot size

What would this home cost you?

Based on the $625,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,908 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RIGHT AT HOME REALTY, OSHAWA.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.