314 Paisley Road
Junction/Onward Willow, Guelph, N1H 2P9
FOR SALE
$749,900

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Property Description
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
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Property Features
Library, Park, Place Of Worship, Public Transit, School, Hospital, Accessory Apartment, Water Softener, Separate Hydro Meter, Private Double, Private
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Property Details
Address
314 Paisley Road
Community
City
Postal Code
N1H 2P9
Property Type
Duplex, Duplex
Zoning
R1B
Lot Size
32' x 132'
Taxes
$4,722 (2026
Basement
Walk-Up, Separate Entrance, Full, Finished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
None
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Listing contracted with Re/Max Real Estate Centre Inc
Fantastic opportunity to own a charming and versatile legal duplex in the heart of The Ward, one of downtown Guelph's most walkable and trendy neighbourhoods.. This well maintained property has been proudly owned and cared for over the past 30+ years.The bright and airy main floor unit offers a spacious eat-in kitchen, welcoming living room, 2 bedrooms, and a 4-piece bath. The inviting upper unit features a pretty enclosed front porch entrance along with a charming living room, 1 bedroom, and a 4-piece bath. A number of mechanical updates have been completed which include a new gas furnace (2026), a new gas water heater (2026), water softener (2024), house shingles installed (2024) and new garage roofing (2025. )Making this property even more desirable is the sweet private back courtyard featuring raised garden beds, pea gravel pathways and a reclaimed-style brick wall as its focal point, perfect for relaxing or entertaining. The solidly built detached garage offers excellent storage, along with a double side-by-side driveway accessible from York Rd.Ideally located in a fantastic location with easy access to river trails, downtown Guelph, local amenities, transit, and the University of Guelph, This property offers incredible flexibility for investors, multi-generational living, or buyers looking to enter the real estate market by comfortably living in one unit while generating income from the other as a mortgage helper.A rare opportunity to own a versatile and thoughtfully maintained property in one of Guelph's most walkable and desirable downtown neighbourhoods.
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