Inside the home
This is a 9-unit apartment building sitting directly on the Grand River in Paris, Ontario. Seven units are two-bedroom and two are one-bedroom. All units have been renovated with new kitchens featuring islands and stainless appliances, updated bathrooms, and LVP flooring. The common lobby, stairwells, and coin-op laundry room have all been finished to a consistent standard. The riverfront position is the defining feature here. The rear of the property has a landscaped stone terrace with a fire pit and Adirondack chairs at the water's edge. Several units have private balconies facing the river. Individual hydro meters are in place, which is a practical positive for an investor. Built in 1989, prospective buyers should verify the age and condition of the roof, mechanical systems, and flood zone status given the riverfront location. The building appears well maintained, and the tenant base is described as long-term.
- Direct Grand River frontage with landscaped riverfront common area
- All units renovated with updated kitchens, bathrooms, and flooring
- Individual hydro metering with visible panel for each unit
- Well-finished common lobby and laundry room
- Private balconies on multiple units with river views
- Walking distance to Paris downtown amenities
- Good long-term tenant base