1 John Avenue
Fair Grounds, Paris, N3L 2S8
$550,000
- Bedrooms
- 5
- Bathrooms
- 2
- Interior
- 2,199 ft²
- Type
- Detached
About this home
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.
Property details
- Property type
- Detached
- Ownership
- Freehold
- Style
- Traditional
- Age
- 100+ Years
- Property taxes
- $3,105
- Heating
- Forced Air, Natural Gas, Heat Pump
- Cooling
- Central Air, Ductless
- Basement
- Partial, Partially Finished
- Parking
- 3 spaces
- Water
- Municipal-Metered
- Sewer
- Sewer (Municipal)
- Zoning
- R2
- Time on market
- 20 days on market
- MLS® number
- 40871858
Features
Inside
- Separate Heating Controls
Outside
- Vinyl Siding
- Asphalt Shing roof
The lot
- Urban
- Irregular Lot
- City Lot
- Greenbelt
- Library
- Park
- Place of Worship
- Quiet Area
- Schools
- Shopping Nearby
- River/Stream
Included with the home: Dishwasher,Refrigerator,Stove,Window Coverings,Other
Rooms
Measurements are deemed reliable but not guaranteed.
| Room | Level | Size | Details |
|---|---|---|---|
| Kitchen | Main | 13' 3" × 12' 5" | Laundry |
| Breakfast Room | Main | 12' 5" × 10' 9" | |
| Dining Room | Main | 18' 3" × 12' | Sliding Doors |
| Bathroom | Main | 8' 9" × 5' 5" | 3-Piece |
| Living Room | Main | 20' 1" × 10' 11" | |
| Bedroom | Main | 12' 11" × 11' 2" | |
| Foyer | Main | 12' 9" × 4' 4" | |
| Foyer | Main | 11' 2" × 6' 11" | |
| Bedroom Primary | Second | 16' 11" × 15' 1" | |
| Bathroom | Second | 12' 11" × 8' 8" | 4-Piece, Ensuite, Skylight |
| Bedroom | Second | 17' 5" × 11' 7" | |
| Bedroom | Second | 13' 8" × 11' 5" | |
| Bedroom | Second | 13' 8" × 7' 10" | |
| Storage | Basement | 9' 8" × 8' 5" | |
| Utility Room | Basement | 21' 9" × 16' 9" |
Location
Thinking about the area? Read our guide to living in Paris.
Estimate your payment
20% down. The minimum on this price is $30,000.
Your monthly payment
$2,435
- Mortgage amount
- $440,000
- Interest over the amortization
- $290,584
An estimate at a fixed rate compounded twice a year. Insurance applies under 20% down. Your lender sets the real numbers, and the team can introduce you to a mortgage professional.
Ontario land transfer tax
How the tax adds up
| $0 to $55,000 | 0.5% | $275.00 |
| $55,000 to $250,000 | 1.0% | $1,950.00 |
| $250,000 to $400,000 | 1.5% | $2,250.00 |
| $400,000 to $550,000 | 2.0% | $3,000.00 |
Ontario land transfer tax
$7,475
- Tax before any refund
- $7,475.00
- You pay on closing
- $7,475.00
For a home with one or two single-family residences anywhere in Ontario outside Toronto. Your real estate lawyer confirms the amount and pays it on closing.
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