6 days on Market

47 Gibson St, Parry Sound, Ontario P2A 1X1

Detached
8
6
~3500-5000 sqft
$1,389,000
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Detached
8
6
~3500-5000 sqft

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Highlights

Property Estimate

Days on market6 days

Estimated valueNot available

Price/Sqft$337/sqft

Monthly cost

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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

Style2-Storey
ViewSkyline
Age of property-
SqFt~3500-5000 SqFt
Lot Size4,620 SqFt(132 x 35)
Parking Spaces4
MLS ®NumberX12925560
Community NameTown of Parry Sound
Data SourceTRREB
Listing byRE/MAX Parry Sound Muskoka Realty Ltd

Features

Heating: Baseboard
Cooling: Wall Unit
Fireplace
Basement: Apartment, Fin W/O

Features

Lot size: 4,620 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property listed by RE/MAX Parry Sound Muskoka Realty Ltd, Brokerage
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Population and Demographics

Overview

Total population 6601
Average household income $98,944

Age (%)

0 to 19
16%
20 to 34
17%
35 to 49
13%
50 to 64
22%
65 and plus
32%

Household composition (%)

Single family
54%
Single person
42%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
93%
Others
3%
French
2%
German
1%

House tenancy (%)

Owners
60%
Renters
40%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget