1 JOHN Avenue, Paris, Ontario N3L2S8

Property Description

SPACE, POTENTIAL AND FUTURE VALUE! At $550,000, 1 John Avenue represents an exceptional opportunity to invest in a property with room to grow, improve, and potentially generate income. With approximately 2,200 sq. ft. of above-grade living space, this is currently the largest home available in Brant County priced at $550,000 or less! Originally built in 1910, this century home features 5 bedrooms, 2 full bathrooms, and a layout that provides plenty of possibilities for buyers with an eye toward the future. Whether you're looking to build equity through renovations, accommodate a growing or multigenerational family, or explore the potential for rental income, there's plenty to work with here. Previously used as a duplex, the home retains two separate entrances, including one that could provide direct access to the second floor. This creates intriguing possibilities for conversion back to a duplex, a long-term rental arrangement, or even short-term rental accommodations, subject to municipal approvals and applicable regulations. The main floor features a spacious living room, large kitchen, dining room, bedroom, laundry, and a renovated bathroom (2024). Upstairs are four additional bedrooms, including a generous primary bedroom with its own ensuite. Updates include appliances within the past five years, furnace, air conditioning, and 200-amp electrical service. Situated on a quiet street on a large corner lot with mature trees, the property is just a short distance from downtown Paris, the Grand River, restaurants, shops, parks, and walking trails. There's character here, there's space, and most importantly, there's potential. For buyers willing to invest some vision and effort, 1 John Avenue presents an opportunity to create something special while building value for the future. (id:5764)