For Sale

55 WILLOW Street, Paris, Ontario N3L2K8

$1,499,900

55 WILLOW Street, Paris, Ontario N3L2K8 is For Sale and has a listing price of 1,499,900. The property is located in the neighbourhood. It's been on the website for 79 Days.

  • Multi-family
    Property Type
  • 10
    Bedrooms
  • 10
    Bathrooms
  • 12
    Parking Spaces
  • MLS ID: 40683078
  • Office Name RE/MAX Escarpment Realty Inc.
Property Description

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. (id:43137)

Property Details
  • Virtual Tour: Click Here
  • Bedrooms: 10
  • MLS ID: 40683078
  • Bathrooms: 10
  • Price: $1,499,900
  • Transaction Types: For Sale
  • Ref ID: 27709315
  • Year Built: N/A
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
12/03/2024 40683078 $1,499,900 For Sale - -
09/06/2024 XH4204892 $1,600,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Paris
  • $1,022,291 Average List Price
    based on 1 year
  • 38 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 100 % Below
  • Sold (12mo) 0
  • Rented (12mo) 0

  • 1 Month Change -12.2%
  • 3 Month Change -2.0%
  • 6 Month Change +3.1%
Walkscore
Property Type Distribution
  • All Houses
    77.59%
  • Commercial
    18.41%
  • Condo
    3.37%
  • Land for Sale
    0.62%
Additional Details
  • Sewers Municipal Sewage System
  • Heat Source Natural Gas
  • Basement2 Full (unfinished)
  • Heating System Forced Air
  • Water Municipal Water
  • Exterior Brick
  • Cooling System None
  • Total Parking Spaces: 12
  • Property Features Paved Driveway, Shared Driveway, Laundry- Coin Operated
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 03/12/2024 00:00:00
  • Zoning Gc
  • Agent Name: Alexandra Borondy
  • Address Subdivision: 2107 - Victoria Park
  • Last Updated: 31/01/2025 15:28:11
Open House Dates
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