A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 2 - 22 Bobby West St, Paris Ontario N3L 1J5
Sold conditionally
96 days on Market

2 - 22 Bobby West St, Paris, Ontario N3L 1J5

Townhouse
-
22
~10900 sqft
$2,500,000
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Townhouse
-
22
~10900 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$229/sqft

Est. Mortgage$10,736/mo

Tax Amount (2024)$16,315/yr

Days On Market96 days


Description

ATTENTION INVESTORS, Rare 11-unit townhome investment opportunity in the town of Paris. 4 Townhomes are 2-bedrooms and 7 - Townhomes are 3-bedroom units, ample parking. Each townhome has its own private backyard surrounded by treed green space. The area's thriving amenities and proximity to schools and rapidly growing community make this location highly desirable. There is an excellent opportunity to increase revenue significantly upon turnover of units with cosmetic renovations. With the local rental market on the rise, these townhomes provide an appealing chance to capitalize on the growing demand and limited supply of housing. Each unit has Separate utilities meters , all tenants pay their own utilities. No common element at all. Tremendous opportunity for the investor looking for the perfect turn-key set of townhouses.


Property Details

StyleResidential Income
View-
Age of property-
SqFt~10900 SqFt
Lot Size-
Parking Spaces20
MLS ®Number40696009
Community NameParis
Data SourceITSO
Listing byIPRO Realty Ltd.

Features

Heating: Forced Air

Features

Sewer (Municipal)

Parking

Garage spaces 1

Garage type -

Other parking spaces 19

Total parking spaces 20


Property History

Feb 4, 2025
ListedActive
$2,500,000
96 days on market
history photo preview36
Listing by itso®
Property listed by IPRO Realty Ltd., Brokerage
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Market Data - Paris

Geo Zone Map ThumbnailParis

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

15 days

Compared to

2024

15 days

2023

44 days

2022

14 days

New Listings

Past 30 days

13 listings

Compared to

2024

12 listings

2023

9 listings

2022

11 listings

Units sold

Past 30 days

1 unit

Compared to

2024

3 units

2023

3 units

2022

8 units

Median Sold Price

Past 30 days

$500,000

Compared to

2024

$615,000

2023

$789,900

2022

$950,000


Population and Demographics

Overview

Total population 9711
Average household income $125,580

Age (%)

0 to 19
22%
50 to 64
21%
65 and plus
21%
35 to 49
19%
20 to 34
17%

Household composition (%)

Single family
72%
Single person
25%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
95%
Others
4%

House tenancy (%)

Owners
83%
Renters
17%

Schools and amenities

Estimated Budget