47 Gibson Street Parry Sound, Ontario P2A 1X1

$1,700,000

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 that 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 wheel chair accessible. The 2 sunrooms are off of 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 buildings 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. (id:42776)

Property Details

MLS® Number	X12021198
Property Type	Multi-family
Community Name	Parry Sound
Features	Carpet Free, Guest Suite, Solar Equipment, In-law Suite
Parking Space Total	4

Building

Bathroom Total	6
Bedrooms Above Ground	8
Bedrooms Total	8
Amenities	Separate Heating Controls, Separate Electricity Meters
Appliances	Water Heater, Water Meter
Basement Features	Apartment In Basement, Walk Out
Basement Type	N/a
Construction Status	Insulation Upgraded
Construction Style Split Level	Backsplit
Cooling Type	Wall Unit
Exterior Finish	Steel
Foundation Type	Concrete, Insulated Concrete Forms, Stone, Brick
Heating Fuel	Electric
Heating Type	Heat Pump
Type	Fourplex
Utility Power	Generator
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	132 Ft
Size Frontage	35 Ft
Size Irregular	35 X 132 Ft
Size Total Text	35 X 132 Ft
Zoning Description	C1

https://www.realtor.ca/real-estate/28029281/47-gibson-street-parry-sound-parry-sound