For Sale

47 Gibson Street, Parry Sound, Ontario P2A 1X1

$1,595,000

47 Gibson Street, Parry Sound, Ontario P2A 1X1 is For Sale and has a listing price of 1,595,000. The property is located in the Parry Sound neighbourhood . It's been on the website for 88 Days.

  • Fourplex
    Property Type
  • 8
    Bedrooms
  • 6
    Bathrooms
  • Parking
  • MLS ID: X12021198
  • Office Name RE/MAX Parry Sound Muskoka Realty Ltd
Property Description

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.

Property Details
  • Bedrooms: 8
  • MLS ID: X12021198
  • Bathrooms: 6
  • Price: $1,595,000
  • Lot Depth: 132
  • Transaction Types: For Sale
  • Ref ID: X12021198
  • Year Built: N/A
  • Approx Sqft: 3500-5000
  • Dir / Cross St: Bowes Street
  • Status: Active
  • Tax Year: 2025
  • Property Type: Fourplex
  • Property Type: All Houses
  • Property Sub Category: Fourplex
Price History
List Date MLS ID List Price Status End Date Closed Price
03/15/2025 X12021198 $1,595,000 For Sale - -
03/15/2025 X12021222 $1,595,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Parry Sound
  • $600,444 Average List Price
    based on 1 year
  • 9 New Listings
    based on 30 days
  • 78 Median Days on Market
    based on 1 year
  • List vs. Selling Price 96.02 % Up
  • Sold (12mo) 25
  • Rented (12mo) 9

  • 1 Month Change -
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Property Type Distribution
  • All Houses
    51.98%
  • Commercial
    17.65%
  • Condo
    28.71%
  • Land for Sale
    1.67%
Additional Details
  • Heat Type Heat Pump
  • Heat Source Electric
  • Style Backsplit 4
  • Washroom Type1: 2
  • Garage Type Y
  • Parking Spaces: 4
  • Exterior Y
  • Kitchen 6
  • Parking Y
  • Family Room: 1
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 3 # Pcs: 3
  • Washrooms Type 2: 2
  • Washrooms Type 3: 2
  • Taxes: $7,996
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexibe
  • Listing Entry Date: 15/03/2025 15:13:40
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