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105 GIBSON STREET, Parry Sound — listed at $599,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
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:60164)
Is 105 GIBSON STREET a good fit for a growing family?+
With 5 bedrooms and 4 bathrooms, there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
Is this a good starter home?+
At $599,900, this is priced in starter-home territory for Parry Sound. With multiple bedrooms, it has room to grow into. Factor in property taxes when calculating your true monthly cost.
Does it have a basement, and is it finished?+
Yes — Unfinished, N/A. A finished basement adds meaningful living space beyond the listed square footage.
How is the space laid out across floors?+
This is a 2-storey multi-family. The 5 bedrooms and 4 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
What's the parking situation?+
This property includes 6 spaces — No Garage.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $4,651, heating is baseboard heaters, electric. Always verify the latest figures with your agent before making an offer — these change yearly.
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