Last Sold Price
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Overview
Key Facts
Type Quadruplex
Levels Residential Income
Size -
Garage Yes
Taxes $5,738
Days Active 6
Lot Size
Approx. Age
MLS® Number X13446120
Property Address: 12 Gibson St, Parry Sound, ON, P2A1W7
Average square foot calculated using Size range provided by listing agent.
Description
Exceptional Investment Opportunity! Own a 5-Plex in the thriving community of Parry Sound, one of Ontario's most desirable destinations on the shores of Georgian Bay. Ideally situated just minutes from the vibrant downtown core, famed 30, 000 Islands, marinas, parks, trails, shops, restaurants, and year-round amenities. This income-producing property with more than 8.5% cap rate, features a desirable unit mix consisting of two spacious 2-bedroom units and three well-appointed 1-bedroom units, offering strong rental appeal and diversified income potential. The building is serviced by both gas and electric heating systems, with separate hydro meters for each tenant, helping to minimize operating expenses. The property offers approximately 3, 200 sq. ft. of above-grade living space and includes an unfinished basement providing excellent storage. The building is completely carpet-free, offering low-maintenance living for tenants and owners alike. The building has more than 6 large open car parking spots. Situated on a rare oversized lot with potential for future development (buyer to conduct their own due diligence), this property presents both immediate cash flow and long-term growth opportunities. Located in a high-demand rental market and serving as a gateway to Georgian Bay and Northern Ontario recreation, this is an exceptional opportunity for investors seeking stable income, strong tenant demand, and future upside in one of Ontario's most sought-after communities. (id:58753)Show Description
MLS® NumberX13446120
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementNone
DrivewayNo Garage
Garage Spaces
HeatBaseboard heaters, Electric, Natural gas
A/CNone
Extras
Price History
Appreciation
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Avg. Days Listed
96 days
Today, For Sale for $1,200,000
For Sale · 6 days
$1,200,000
MLS® X13446120
6 days ago
Not Sold Yet
June 2026, For Sale for $1,200,000
For Sale · 6 days
$1,200,000
MLS® X13446120
6 days ago
Not Sold Yet
October 2021, Expired for $499,999
Expired · 7 days
$499,999
MLS® 40175594
5 years ago
Canceled on Oct 21, 2021
September 2021, Expired for $499,999
Expired · 184 days
$499,999
MLS® 40080842
5 years ago
Canceled on Sep 15, 2021
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© 2026 eXp Realty. eXp World Holdings, Inc. All Rights Reserved
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