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47 Gibson Street Parry Sound ON

📍 Parry Sound, Ontario P2A 1X1

$1,290,000

Active
8BEDS
6BATHS
4PARKING
6KITCHENS
35×132LOT (FT)

📋 Listing Highlights

StatusActive
MLS®X12925560
ListedMar 26, 2026
Days on Market—
Property TypeResidential Freehold
StyleDetached
Cross StreetBowes
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📝 Listing 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

Property TypeResidential Freehold
StyleDetached
Bedrooms8
Bathrooms6
Kitchens6

📐 Lot & Land

Lot Width35 ft
Lot Depth132 ft
Cross StreetBowes

🔧 Building & Utilities

Heat SourceElectric
HeatingBaseboard
CoolingWall Unit(s)
BasementApartment, Finished with Walk-Out
GarageNone
Parking4
ConstructionMetal/Steel Siding
RoofMetal

💰 Financial

List Price$1,290,000
Annual Taxes$7,996 (2025)

🧮 Mortgage Calculator

$258,000
Est. Monthly Payment
$6,337/mo
Principal: $1,032,000 · P+I only
Does not include taxes, insurance or CMHC

📍 Location

Listing provided by RE/MAX Parry Sound Muskoka Realty LtdData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X12925560 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.