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1 JOHN Avenue
homes for sale · Paris · Fair Grounds
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$550,000

1 JOHN Avenue

Fair Grounds, Paris · MLS® 40871858

523

2,199 sq ft · House · Single Family · built 1910 · 8 days on market

listed by Henk Vanden Beukel, Royal LePage NRC Realty Inc.

realtor's 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.

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property details

type
House, Single Family
bedrooms
5
bathrooms
2
living area
2,199 sq ft
parking
3
year built
1910
property tax
$3,105 / yr
days on market
8
MLS®
40871858

features

  • Conservation/green belt
  • Quiet Area
  • Refrigerator
  • Dishwasher
  • Stove
  • Window Coverings

monthly cost

$2,655/mo
Mortgage $2,396 · Tax $259

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$2,396/ monthly
loan $440,000
25-year amortization
total interest
$278,889
cash to close
$110,000
down payment; transfer tax and fees not included
total paid
$718,889

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Henk Vanden Beukel
Royal LePage NRC Realty Inc.
call Henk · 905-932-8453
Powered by: REALTOR.ca
▶ virtual tour

location

Fair Grounds, ParisGoogle Maps ↗

location

Fair Grounds, ParisGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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