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47 GIBSON STREET, Parry Sound, Ontario, P2A 1X1

MLS® # X12021222
Investment For Sale In Parry Sound, Ontario
$1,595,000
47 Gibson Street, Parry Sound, ON - Outdoor
47 Gibson Street, Parry Sound, ON  - Outdoor
47 Gibson Street, Parry Sound, ON  - Indoor Photo Showing Other Room
47 Gibson Street, Parry Sound, ON  - Indoor Photo Showing Other Room
47 Gibson Street, Parry Sound, ON  - Indoor Photo Showing Other Room
47 Gibson Street, Parry Sound, ON - Indoor
47 GIBSON STREET, Parry Sound, Ontario, P2A 1X1
$1,595,000

Property Information:

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:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Heating Type: Baseboard heaters
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Multi-family
  • Farm Type: Other
  • Lot Depth: 132.0 Feet
  • Lot Frontage: 35.0 Feet
  • Zoning: C1

Courtesy of: RE/MAX Parry Sound Muskoka Realty Ltd

REALTOR.ca  

Location of 47 GIBSON STREET, Parry Sound, Ontario, P2A 1X1

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

36 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

15 storms expected in 2050

Projected Heat Risk: Moderate

36 hot days expected in 2050

52/100

Moderate

ClimateCheck®

Current data

This property, 47 GIBSON STREET , experiences 7 hot days per year at around 28.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 36 hot days at 32.5 degrees Celsius.

Projected Avg. Temperature

Past
28.9℃
2050
32.5℃

# Hot Days Per Year

Past
7
2050
36

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

15 storms expected in 2050

73/100

Moderate-High

ClimateCheck®

Current data

This property, 47 GIBSON STREET , experiences 12 significant 2-day storms per year, with about 338mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 15 significant 2-day storms with 438.7mm of precipitation per year.

Precipitation Per Storm

Past
338mm
2050
438.7mm

48-Hour Storms Per Year

Past
12
2050
15

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 47 GIBSON STREET, Parry Sound, Ontario, P2A 1X1

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$98,119.41

Average Number of Children

1.57

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.32 %

High school certificate or equivalent

30.53 %

Apprenticeship trade certificate/diploma

8.53 %

College/non-university certificate

21.94 %

University certificate (below bachelor)

0.3 %

University Degree

18.38 %

Commuter

Travel To Work

By Car

78.17 %

By Public Transit

0.0 %

By Walking

19.08 %

By Bicycle

0.0 %

By Other Methods

2.75 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

41.18 %

Houses

58.82 %

Own Vs. Rent