47 Gibson Street, Parry Sound, ON

$1,389,000

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8

Beds

6

Baths

3,500

Square feet

About 47 Gibson Street

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.

Features of 47 Gibson Street

MLS® # X12021198
Price $1,389,000
Bedrooms 8
Bathrooms 6.00
Square Footage 3,500
Type Residential Freehold
Sub-Type Fourplex
Style Backsplit 4
Status Active

Community Information

Address 47 Gibson Street
Area Parry Sound
Subdivision Parry Sound
City Parry Sound
Province ON
Postal Code P2A 1X1

Amenities

Parking Spaces 4
Garages None
Is Waterfront No
Pool None

Interior

Heating Heat Pump
Cooling Wall Unit(s)
Fireplace No
Basement Apartment, Walk-Out

Exterior

Exterior Metal/Steel Siding

Listing Details

OfficeRE/MAX Parry Sound Muskoka Realty Ltd

Listing Map

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