47 GIBSON STREET

$1,290,000

Parry Sound, Parry Sound, Ontario

  • 8 beds
  • 6 baths
Residential · Single FamilyType
4Parking
Heat Pump, Baseboard heaters, ElectricHeating
Wall unitCooling
157Days on market

About this property

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:45603)

Property details

Interior

Bedrooms
8
Bedrooms above grade
8
Bathrooms
6
Storeys
2
Basement
Finished, Apartment in basement, Walk out, N/A, N/A

Exterior & parking

Structure type
House
Architectural style
[]
Lot size
35 x 132 FT
Parking spaces
4
Parking features
No Garage
Exterior features
Steel

Building & HOA

Heating
Heat Pump, Baseboard heaters, Electric
Cooling
Wall unit

Financial & legal

List price
$1,290,000
Annual taxes
$7,996
Tenure
Freehold
Status
Active
MLS® number
X12925560

Location

City
Parry Sound
Neighbourhood
Parry Sound
Province
Ontario
Postal code
P2A1X1
Directions
Cross Streets: Bowes. ** Directions: From Bowes street, turn onto Gibson street.

Mortgage calculator

estimated / month

Estimate only — excludes taxes, insurance and CMHC. Contact us for a real quote.

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Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).