47 GIBSON STREET
Parry Sound, Ontario
MLS® X12925560
$1,290,000
- Status
- Active
- Property type
- House
- MLS® number
- X12925560
- Bedrooms
- 8
- Bathrooms
- 6
- Year built
- —
1 / 50Listing 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.
Property summary
- MLS® number
- X12925560
- Property type
- Single Family
- Building type
- House
- Title
- Freehold
- Land size
- 35 x 132 FT
- Annual property taxes
- $7,996.00
- Parking
- 4 spaces · No Garage
- Days on market
- 155 days
Features & details
- Heating
- Heat Pump, Baseboard heaters, Electric
- Cooling
- Wall unit
- Basement
- Finished, Apartment in basement, Walk out, N/A, N/A
- Exterior features
- Steel
- Lot features
- Carpet Free
What would this home cost you?
Based on the $1,290,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX Parry Sound Muskoka Realty Ltd, PARRY SOUND.
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.