Inside the home
This is an 11-unit townhome complex in Paris, Ontario — four 2-bedroom units and seven 3-bedroom units spread across two blocks. Each unit has its own private rear yard, separate utility meters, and individual entrance. Tenants pay their own utilities, which simplifies operating costs. Interiors are largely original from the 1980s-1990s. Kitchens have white flat-panel cabinets, dark laminate counters, and white appliances. Bathrooms are functional but dated. Some units show cosmetic updates including laminate flooring and fresh paint. The shared parking areas need resurfacing work. The location is a clear asset. The property sits a short walk from the Paris downtown core and the Grand River, in an area that has seen steady demand growth. The units are occupied, and the seller identifies meaningful upside through cosmetic renovations on turnover.
- 11-unit income property in Paris close to downtown and Grand River
- Each unit has separate utility meters — tenants pay own utilities
- Private rear yards per unit with some decks and greenspace
- Mix of 2-bed and 3-bed units provides tenant diversification
- Mature tree canopy and treed rear boundary
- Walking distance to Paris commercial core
ATTENTION INVESTORS, Rare 11-unit townhome investment opportunity in the town of Paris. 4 Townhomes are 2-bedrooms and 7 - Townhomes are 3-bedroom units, ample parking. Each townhome has its own private backyard surrounded by treed green space. The area's thriving amenities and proximity to schools and rapidly growing community make this location highly desirable. There is an excellent opportunity to increase revenue significantly upon turnover of units with cosmetic renovations. With the local rental market on the rise, these townhomes provide an appealing chance to capitalize on the growing demand and limited supply of housing. Each unit has Separate utilities meters , all tenants pay their own utilities. No common element at all. Tremendous opportunity for the investor looking for the perfect turn-key set of townhouses.