314 Paisley Rd is a 4-bdrm LEGAL duplex in prime location just a short walk to downtown! Offering excellent income potential, this property can easily be converted into a triplex W/the bsmt already featuring a bdrm, bathroom & living room. Vacant possession available allowing you to move in immediately or secure your own tenants at current market rents. Fantastic opportunity for investors seeking strong cash flow or buyers looking to live in the main unit while offsetting their mtg W/rental income. Main 2+1 bdrm apt offers updated kitchen W/high-end cabinetry, quartz counters, S/S appliances & breakfast bar ideal for casual dining. Living room is filled W/natural light from large windows & enhanced by charming wainscotting. 2 bdrms W/hardwood & large windows are also found on the main level along W/3pc bath, modern vanity & tiled shower. Add'l conveniences: in-suite laundry & storage closet. Bsmt extends living space W/rec room & luxurious bathroom with 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 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
Address
314 Paisley Road
List Price
$799,900
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Duplex
Style of Home
2-Storey
Transaction Type
Sale
Area
Guelph
Sub-Area
Junction/Onward Willow
Region
Wellington
Bedrooms
3 + 1
Bedrooms (Total)
4
Rooms Above Grade
9
Rooms Below Grade
5
Rooms (Total)
14
Bathrooms
3
Floor Area
1100-1500 Sq. Ft.
Lot Depth
131.5
Lot Shape
Rectangular
Lot Size Range (Acres)
< .50
Lot Size Units
Feet
Lot Width
32
Parcel Number
712790054
Occupant Type
Vacant
Cross Street
Edinburgh Rd N
Approx. Age
51 - 99 Years
MLS® Number
X13439200
Listing Brokerage
RE/MAX Real Estate Centre Inc
Basement Area
Walk-Up, Separate Entrance, Full, Finished
Postal Code
N1H 2P9
Posession Details
Flexible
Parking
Private Double, Private
Parking Places (Total)
4
Parking Spaces
4
Tax Amount
$4,416.73
Tax Year
2025
Site Influences
Hospital, Library, Park, Place Of Worship, Public Transit, School
Interior Features
Accessory Apartment, Water Softener, Separate Hydro Meter
Property Features
Library, Park, Place Of Worship, Public Transit, School, Hospital
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
One Point Association of REALTORS
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
New Construction
No
Construction Materials
Vinyl Siding
Direction Faces
South
Fireplace
No
Foundation Details
Concrete Block
Garage
No
Garage Type
None
Kitchens Total
2
Kitchens Above Grade
2
Pool Features
None
Roof
Metal
Tax Legal Description
PT LT H PL 267 GUELPH AS IN ROS572053; GUELPH
Waterfront
No
Sewer
Sewer
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Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Living Room | 5.08 x 3.63 Meters | |
| Main | Kitchen | 3.86 x 3.76 Meters | |
| Main | Bedroom 2 | 3.71 x 3.68 Meters | |
| Main | Bedroom 3 | 3 x 2.97 Meters | |
| Main | Bathroom | 3 Pc Bath | |
| Second | Living Room | 3.84 x 3.76 Meters | |
| Second | Kitchen | 4.11 x 1.88 Meters | |
| Second | Bedroom | 4.98 x 4.37 Meters | |
| Second | Bathroom | 4 Pc Bath | |
| Basement | Recreation | 5.59 x 2.84 Meters | |
| Basement | Office | 3.25 x 2.57 Meters | |
| Basement | Bedroom 4 | 3.96 x 2.97 Meters | |
| Basement | Bathroom | 3 Pc Bath | |
| Basement | Utility Room | 3.78 x 2.57 Meters |
