30 Griffiths Drive

Paris

$1,349,888

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About This Property

8 Beds
8 Baths
4,400 Sqft

Rare opportunity to purchase three neighbouring investment properties in the desirable and growing neighbourhood of Paris, Ontario. 26, 28 & 30 Griffiths Drive (listed for $1,349,888 EACH) are fourplex buildings that are surrounded by green-space. Rents range from $1,025/m-$1,400/m (most recent unit) - Average current rent is $1,150/unit/m. All units are 2 bedrooms and 1.5 bathrooms. Separate Utilities & HVAC Systems. Potential For Condo/Resale Development

For all 3 buildings - Annual Income: $165,960/y - Expenses: Taxes: $17,924 (2020) Insurance: $3,600/y Reliance: $4,152 Water: $15,372 - Net Income: $124,912/y

Essential Information
Listing #40126184
Price$1,349,888
Bedrooms8
Bathrooms8.00
Square Footage4,400
TypeResidential Income
Sub-TypeMulti-4 Unit
StatusActive
Community Information
Address30 Griffiths Drive
Area2105 - Paris
Subdivision2105 - Fair Grounds
CityParis
CountyBrant County
ProvinceON
Postal CodeN3L 4B7
Interior
Interior FeaturesWater Heater
HeatingForced Air, Gas
CoolingCentral Air
# of Stories2
Has BasementYes
Exterior
RoofAsphalt Shing
ConstructionAluminum Siding, Brick
FoundationPoured Concrete
Listing Details
OfficeRedline Properties Inc.
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