$1,700,000
FOR SALE

Fourplex Backsplit

Bedrooms: 8Bathrooms: 6Lot: 35 x 132 ft

47 Gibson Street
Parry Sound, ON P2A 1X1

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 that 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 wheel chair accessible. The 2 sunrooms are off of 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 buildings 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. (id:47421)
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Listed By RE/MAX Parry Sound Muskoka Realty Ltd
Data Provided By OnePoint Association of REALTORS®
MLS® Listing Number X12021198
Last Updated Mar 25, 2025
Property Summary
Property Type Fourplex

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Community Parry Sound
Price History

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Detailed Information
Bedrooms 8
Bathrooms 6
Lot 35 x 132 ft
Features Carpet Free, Guest Suite, Solar Equipment, In-Law Suite
Listing Contract Date 2025-03-13
Location Description Bowes Street
# of Parking Spaces 4
Property Type Multi-family
Transaction Type For sale
Zoning Description C1
Building
Amenities Separate Heating Controls, Separate Electricity Meters
Appliances Water Heater, Water meter
Basement Features Apartment in basement, Walk out
Basement Type N/A
Construction Status Insulation upgraded
Construction Style (Split Level) Backsplit
Cooling Type Wall unit
Exterior Finish Steel
Foundation Type Concrete, Insulated Concrete Forms, Stone, Brick
Heating Fuel Electric
Heating Type Heat Pump
Type Fourplex
Utility Power Generator
Utility Water Municipal water
Parking Spaces
Name Spaces
No Garage
Land
Total Size 35 x 132 FT
Sewer Sanitary sewer
Size of Irregular Land 35 x 132 FT

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