314 Paisley Road, Guelph ON

About 314 Paisley Road

314 Paisley Rd is a 4-bdrm LEGAL duplex in prime location just a short walk to downtown Guelph! Offering excellent income potential, this property can easily be converted into a triplex W/the bsmt already featuring a bdrm, bathroom & living room. Fantastic opportunity for investors seeking strong cash flow or for buyers looking to live in the main unit while offsetting their mtg W/rental income. The main 2+1 bdrm apt offers beautifully updated kitchen W/high-end cabinetry, quartz counters, S/S appliances & breakfast bar ideal for casual dining & entertaining. Living room is filled W/natural light from large windows & enhanced by charming wainscotting creating an inviting space. 2 bdrms W/hardwood & large windows are also found on the main level along W/3pc bath offering modern vanity & tiled shower. Additional conveniences include in-suite laundry & storage closet. The bsmt extends the living space W/spacious rec room & luxurious bathroom featuring a W/I glass shower & floating vanity. There is an add l bdrm W/dbl closet & B/I workstation. With its functional layout the bsmt also presents potential to be converted into a 3rd unit providing added future upside. The upper 1-bdrm unit offers its own kitchen, living room, bathroom & access from the back of the property, making it ideal for rental income. Major updates: newer windows, siding, electrical & steel roof. This turn-key investment opportunity is well-positioned to provide excellent cash flow. The backyard is a major highlight offering a hot tub & an exceptionally large & private outdoor space surrounded by trees & greenery. It has multiple seating areas giving each unit room to enjoy their own outdoor space. Yard offers a mix of open lawn, sunny entertaining areas & shaded spots to relax in a peaceful park-like setting W/lots of flexibility. Located in trendy Junction neighbourhood this property is around the corner from Fixed Gear Brewing & short stroll to downtown restaurants, shops, nightlife & GO Station (id:56071). Get more information on 314 Paisley Road

Property Features

Appliances:  Dishwasher, Dryer, Refrigerator, Stove, Water softener, Washer, Microwave Built-in, Hot Tub
Features:  Paved driveway
Rental Equipment:  Furnace, Water Heater
Directions:  Edinburgh Rd N
Zoning Description:  R1B
Interior Size (Approximate):  2105 sqft
Community Features:  School Bus
Lot (Approximate):  under 1/2 acre
Exterior Finish:  Vinyl siding
Water:  Municipal water, Municipal sewage system
Heating / Cooling:   Natural gas / Central air conditioning
Age (Approximate):  1935
Foundation: Block
Constructed Date:  1935
Basement:  Full (Finished) Finished

Rooms & Sizes

(Approximate)

4pc Bathroom Second level Measurements not available	Bedroom Second level 16 4 x 14 4	Kitchen Second level 13 6 x 6 2
Living room Second level 12 7 x 12 4	Utility room Basement 12 5 x 8 5	3pc Bathroom Basement 9 6 x 7 7
Bedroom Basement 13 0 x 9 9	Office Basement 10 8 x 8 5	Recreation room Basement 18 4 x 9 4
3pc Bathroom Main level Measurements not available	Bedroom Main level 9 10 x 9 9	Bedroom Main level 12 2 x 12 1
Kitchen Main level 12 8 x 12 4	Living room Main level 16 8 x 11 11