$1,200,000
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12 Gibson Street, Parry Sound, ON P2A1W7

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6 Beds
4 Baths
- Sq Ft

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)

Listing By: MAXIM MENDES - ROYAL LEPAGE TERREQUITY REALTY cncrea2 Realty.com
  • MLS® X13446120
  • Date Listed06/15/2026
  • Days on Realty 3 Days
  • Bedrooms 6
  • Bathrooms 4 baths
  • Lot Size -
  • Sewer Other
  • Property Type Quadruplex
  • Water Public

Interior Features

  • Cooling None
  • Heating Baseboard heaters, Electric, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Irregular lot size, Open space, Flat site, Carpet Free

Directions

Cross Streets: 12 Gibson Street, Parry Sound. ** Directions: 12 Gibson St, Parry Sound.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for P2A1W7

Discover key demographics, population statistics, and environmental insights for the Parry Sound, ON area.

Walkability in ON / P2A1W7

Source: Walk Score

58/100

Somewhat Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

42/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 10/100, Transit Score: 0/100, Bike Score: 18/100.

Points of Interest near 12 GIBSON STREET, Parry Sound, ON P2A1W7

Frequently Asked Questions for 12 GIBSON STREET

Source: Realty.com

12 GIBSON STREET, Parry Sound, ON P2A1W7 in Parry Sound, ON P2A1W7 is a quadruplex listed at $1,200,000. Highlights include 6 bedrooms, 4 bathrooms. Realty.ca has 23 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 23 photos of 12 GIBSON STREET.

The full address for this home is 12 GIBSON STREET, Parry Sound, ON P2A1W7.

12 GIBSON STREET has been listed on Realty.com since Mon June 15, 2026

Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 10/100, Transit Score: 0/100, Bike Score: 18/100.

Listing provided courtesy of: ROYAL LEPAGE TERREQUITY REALTY
Listing agent: MAXIM MENDES

This content last refreshed on 2026-06-18 11:49:36. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.