47 GIBSON STREET

Multi-family For Sale in Parry Sound, Ontario

$1,595,000
  • 8 Beds
  • 6 Baths
  • 35,005,000 Sq. Ft.
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:4069)
Address
47 GIBSON STREET
List Price
$1,595,000
Property Type
Multi-family
Type of Dwelling
Fourplex
Area
Ontario
Sub-Area
Parry Sound
Bedrooms
8
Bathrooms
6
Floor Area
35,005,000 Sq. Ft.
Lot Size
35 x 132 FT Sq. Ft.
MLS® Number
X12021198
Listing Brokerage
RE/MAX Parry Sound Muskoka Realty Ltd
Basement Area
N/A
Postal Code
P2A1X1
Zoning
C1
Features
Carpet Free, Guest Suite, Solar Equipment, In-Law Suite
Amenities
Separate Heating Controls, Separate Electricity Meters

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Marcy Manion

Chestnut Park Real Estate Brokerage

110 Medora St Port Carling ON Canada P0B 1J0

Mobile: (705) 394-7602

Office: (705) 765-6878

marcymanionrealtor@gmail.com