43-45 William Street S

If you’re on the lookout for a fantastic investment opportunity, look no further than this Multi-Family Home for sale in Paris ! Nestled in the heart of the charming town of Paris, Ontario, this rare side-by-side duplex at 43-45 William Street S, Paris, is a gem that’s not to be missed. Known for its delightful boutiques, vibrant markets, and scenic riverside patios, Paris is one of Ontario’s prettiest towns, making this property an ideal choice for both investors and those seeking a multi-generational living arrangement.

This well-maintained multiplex boasts two units, each featuring two bedrooms and a full bathroom. While the units are currently unfurnished, they offer a blank canvas for your personal touch. The property does not have a kitchen in either unit, which presents a unique opportunity for renovation and customisation, allowing you to create the ideal living space that suits your needs. With a total of two bathrooms, the convenience factor is certainly in your favour.

The property at 43-45 William Street S, Paris, has seen some significant updates over the years, making it a solid investment. The new gas furnace for unit 43, installed in 2025, ensures efficient heating, while the 100 amp electrical panel in the same unit adds to the overall safety and functionality. The renovated bathroom in unit 45, completed in 2017, is a lovely feature that enhances the appeal of this Multi-Family Home for sale in Paris.

In terms of maintenance, both sides of the duplex have had their plumbing updated, with galvanized and cast iron pipes removed in 2017, ensuring peace of mind for future tenants or owners. The roof shingles were replaced in 2018, and all windows were updated in 2017, contributing to the overall energy efficiency of the property. Additionally, unit 43 features a sump pump, installed in 2025, which is a practical addition to help manage any potential water issues.

The property is situated on a lot measuring 66 X 54 feet, providing ample outdoor space for potential landscaping or recreational use. Although there is no pool, the full unfinished basement offers plenty of storage options or the potential for further development. The gravel garage type may not be ideal for everyone, but the private single-wide driveway allows for parking space for up to two vehicles, making it convenient for residents and guests alike.

One of the standout features of this Multi-Family Home for sale in Paris is the impressive gross rental income of $3,000 per month. Unit 45 currently has a reliable long-term tenant paying $1,800 per month, plus gas and hydro, while unit 43 will soon be vacated. This provides a fantastic opportunity for owner-occupancy or the chance to set a new market rent, adding flexibility to your investment strategy.

The heating system comprises baseboard and forced air, powered by natural gas, ensuring warmth during the chilly Canadian winters. Although there is no central vacuum system or air conditioning, the property does come equipped with essential appliances, including a dryer, refrigerator, stove, and washer, making it ready for tenants or new owners.

In conclusion, this Multi-Family Home for sale in Paris at 43-45 William Street S, Paris, is a remarkable opportunity for anyone looking to invest in a thriving community. With its prime location, solid rental income, and potential for further enhancement, this property truly offers exceptional value. Whether you’re an investor or looking for a place to call home while renting out the other unit, this duplex is sure to meet your needs. Don’t miss out on this rare chance to own a piece of Paris!

Green Lane Park, located in the charming city of Paris, offers a delightful blend of natural beauty and urban convenience. This picturesque neighbourhood is characterised by its lush green spaces, including well-maintained parks and scenic walking trails, perfect for leisurely strolls or family picnics. Residents enjoy a vibrant atmosphere, with a variety of local shops, cafes, and restaurants just a stone's throw away. The area is well-connected to public transport, making it easy to explore the wider delights of Paris. With its friendly ambience and a strong sense of community spirit, Green Lane Park is an ideal place for those seeking a tranquil yet connected lifestyle in the heart of the city.

Schools in the Neighbourhood

This property is conveniently located near two educational institutions, making it an ideal choice for families with school-age children. The North Ward School, an elementary school under the Grand Erie District School Board, is just 1.8 kilometers away. It offers a public education in English for students from junior kindergarten to grade 8. Additionally, Paris District High School, also part of the Grand Erie District School Board, is located only 1.1 kilometers from the property. This secondary school caters to students in grades 9 to 12, providing a comprehensive education in English. Both schools are publicly funded, ensuring accessibility for local families. While the school ratings are currently not specified, their proximity to the property adds significant value for potential buyers looking for a family-friendly neighborhood with educational options close at hand. With these schools nearby, residents can enjoy the convenience of short commutes for their children, fostering a supportive community atmosphere. Overall, the availability of quality educational facilities within a short distance enhances the appeal of this property for prospective buyers.