Inside the home
This is a 10-unit income property in Paris, not a single-family home. Built in 1870, the original section of the building has genuine architectural character — arched windows, high ceilings, hardwood floors, wainscot panelling, and crown moulding that you rarely find in purpose-built rental stock. The condition is mixed. Some units have been freshened up with laminate floors, grey paint, and marble-look counters and tile. Others appear to still be in original or near-original condition. Common areas — hallways, lobby, stairwells — are dated and show deferred maintenance. The basement is raw and unfinished, housing coin-operated laundry and a workshop area. The rear parking lot needs resurfacing. For an investor, the upside here is clear: below-market rents in a growing town with new residential development immediately adjacent, a building with real bones, and room to improve unit finishes and common areas to push rents higher. Separate hydro meters are already in place.
- Retained heritage architectural details in original building — arched windows, crown moulding, wainscot panelling, high ceilings, dark hardwood floors
- Some units show recent cosmetic updates including laminate floors, fresh paint, and updated bathrooms
- Large surface parking lot with 10+ spaces
- Coin-operated laundry provides additional income stream
- Ground floor units have private outdoor spaces
- Strong location near Paris downtown core and Grand River
- New high-density development activity on adjacent land supports long-term value
- Separate hydro meters per unit
Charming 10-Unit Apartment Building built in 1870 offering spacious 1 bedroom apartments with storage lockers and parking for 10+ vehicles. Nestled in one of Paris’ most vibrant neighborhoods, this exceptional building offers a terrific investment opportunity for savvy investors looking to expand your portfolio in a growing city. Original architectural details including high ceilings and stately trimwork is blended with modern updates to demonstrate the elevated market rent the units will garner with some sweat equity. Two suites feature private exterior access and can be considered premium ground floor apartments with proper upgrade. Shared coin operated laundry available on site for additional income. Lots of potential for income growth with further improvements to original condition units. Separate hydro meters. The close proximity to Paris' budding downtown core with restaurants and shopping offers
a desirable area to consistently attract quality tenants. Looking for long term potential? A new high density residential development is occurring on neighbouring property to the south with additional low density subdivisions being constructed around Paris. Recent survey and planning report can be provided. Do not go direct to building.