12 Gibson Street, Parry Sound, ON P2A 1W7
Parry Sound
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 12 Gibson Street, Parry Sound, ON P2A 1W7
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# X13446120
Listed by ROYAL LEPAGE TERREQUITY REALTY
On market since Jun 15, 2026
12 Gibson Street, Parry Sound, ON P2A 1W7 is listed for $1,200,000 CAD.
12 Gibson Street, Parry Sound, ON P2A 1W7 has 6 bedrooms and 4 bathrooms.
12 Gibson Street, Parry Sound, ON P2A 1W7 is a Fourplex.
12 Gibson Street, Parry Sound, ON P2A 1W7 is in Parry Sound, Ontario.
12 Gibson Street, Parry Sound, ON P2A 1W7 is currently for sale.
Contact Michael Mezheritsky to arrange a private showing of 12 Gibson Street, Parry Sound, ON P2A 1W7 (MLS# X13446120). You can also send a message through the contact form on this site.
