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47 Gibson Street, Parry Sound

Property Overview - Fourplex For sale

Price$ 1 595 000On the Market28 days
MLS® #X12021198TypeFourplex
Bedrooms8 BedBathrooms6 Bath
Postal CodeP2A1X1
StreetGibsonTown/AreaParry Sound
Property Size35 x 132 FTBuilding Size325 ft2

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. (id:60084)

Land Details

Size Total35 x 132 FT
Size Frontage35
Size Depth132 ft
Lot size35 x 132 FT
SewerSanitary sewer
Zoning DescriptionC1 Parry Sound - Zoning By-Laws

Building Details

TypeFourplex
Property TypeMulti-family
Bathrooms Total6
Bedrooms Above Ground8
Bedrooms Total8
Cooling TypeWall unit
Exterior FinishSteel
Foundation TypeConcrete, Insulated Concrete Forms, Stone, Brick
Heating FuelElectric
Heating TypeHeat Pump
Size Interior325 ft2
Utility WaterMunicipal water
View Property on Interactive MapDriving Directions (Google Maps)


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