105 GIBSON STREET, Parry Sound
$625,000
For sale: Multiplex
- Property type
- Fourplex
- Bedrooms / bathrooms
- 5 bedrooms, 4 bathrooms
- Living area
- 3,000 sqft
- MLS®
- MLS® X13075114
- Neighbourhood
- Parry Sound
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.
Sold data
Homes in Parry Sound — recent sold market
Homes in Parry Sound took a median of 38 days to sell over the last 365 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 71, across 101 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.
The median sale price was $499,000.
Homes sold for about 4.0% below asking on average, so there was room to negotiate.
About 6% of sales closed above the list price.
Around 37% of sellers reduced their price before finding a buyer.
- Median days to sell
- 38
- Median sale price
- $499,000
- Sale-to-list ratio
- 96.0%
- Sold above asking
- 6%
Based on 101 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Parry Sound
Parry Sound has 2 Fraser Institute–rated schools (2 elementary).
- Rated schools
- 2
- Elementary
- 2
Top-rated schools in Parry Sound
- Parry Sound — elementaryFraser rating 4.5/10
- St Peter's — elementaryFraser rating 1.7/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 105 GIBSON STREET
$649,900
Detached322,000–2,500 sqft3 EARLDOM BOULEVARD, Port McNicoll, Tay
$599,900
Detached3+121,100–1,500 sqft144 TROUT LANE, Rural Tiny, Tiny
$649,000
Detached321,100–1,500 sqft1346 WAHTA #2 ROAD S, Gibson, Georgian Bay
$699,900
Detached321,500–2,000 sqft295 QUEEN STREET, Midland, Midland
$699,900
Detached331,500–2,000 sqft1006 RIVER STREET, Medora, Muskoka Lakes
$619,999
Other321,500–2,000 sqft47 MADAWASKA TRAIL, Wasaga Beach, Wasaga Beach
$748,800
Detached321,500–2,000 sqft14 HEWSON STREET, Penetanguishene, Penetanguishene
$575,000
Detached4+22700–1,100 sqft27 NIDA DRIVE, Rural Tiny, Tiny