Active

55 Willow St

Brant Ontario, N3L 2K8

C$1,499,900


Active

Commercial

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 neighbourhoods, 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.

X11882647

MLS ID

December 6, 2024

Updated

Map

55 Willow St
Brant Ontario, N3L 2K8

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

N


Heating

Yes


Heating Description

Gas Forced Air Open

Exterior/Building Features

Lot Size

0.38 Acres

Other Property Details

Area Name

Paris


Taxes

$11,736


Tax Frequency

Annually


Garage

No


Parking

None


View

No


County

Ontario


Municipality

Brant


Water Source

Municipal


Pool

No


Zoning

Multi residential

 

Courtesy of Listed by , RE/MAX ESCARPMENT REALTY INC.,

Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.

©2024 Toronto Real Estate Board. All rights reserved. 

Data last updated 11:06 AM UTC, 12/6/2024

 

Powered byLuxury Presence