105 Gibson Street

Parry Sound, ONMulti-family
$599,900
MLS® X13075114
Multi-family5 beds4 baths6 total
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About This Property

NEW PRICE! 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. (id:63604)

Key Facts

Type
Multi-family
Beds
5
Baths
4
Size
2,500 sqft
Lot
66 x 330 FT
Parking
6 total

Highlights

  • Water meter
Property Details 17 details
Bedrooms
5 bedrooms
5 above grade
Bathrooms
4 bathrooms
Parking
6 parking spaces
No Garage
Living area
2,500 - 3,000 sq. ft.
Property
Multi-family · Attached
Property subtype
Multi-family
Structure type
Fourplex
Attached status
Attached
Storeys
2
Basement
Unfinished
Heating
Baseboard heaters, Electric
Fireplace
No
Lot dimensions
66 x 330 FT
Frontage
66 feet
Taxes
$4,651.00 (2,026)
Zoning
R2-Residential Second Density w/provision SP-26.64
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

Water meter

Exterior features

Vinyl sidingStoneBlock

Systems and association

SewerElectricityCable

Lot and water

Irregular lot size

Virtual Tour & Media

Mortgage & Affordability Estimate monthly costs
Purchase price$599,900
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Parry Sound
City
Parry Sound
Postal code
P2A 1X6
Nearby
Cross Streets: Gibson and Cascade Streets. ** Directions: Cascade to 105 Gibson St.