Property Description
Welcome to 314 Paisley Road, a 4-bedroom legal duplex in a prime location just a short walk to downtown Guelph. Offering excellent income potential, this property could easily be converted into a triplex, with the basement already featuring a bedroom, bathroom, and living room. This is a fantastic opportunity for investors seeking strong cash flow, or for buyers looking to live in the main unit while offsetting their mortgage with rental income.
The main 2+1 bedroom apartment offers a beautifully updated kitchen featuring high-end cabinetry, quartz countertops, stainless steel appliances, a chic backsplash, and a breakfast bar ideal for casual dining or entertaining. The elegant living room is filled with natural light from large windows and enhanced by charming wainscotting, creating a warm and inviting space.
Two bedrooms with hardwood flooring and large windows are also found on the main level, along with a stylish 3-piece bathroom featuring a modern vanity and sleek tiled shower. Additional conveniences include in-suite laundry and a storage closet.
The basement extends the living space with a spacious recreation room and a luxurious bathroom featuring a walk-in glass shower and a floating vanity. There is an additional bedroom with a double closet and built-in workstation. With its functional layout, the basement also presents potential to be converted into a third unit, providing added future upside.
The upper 1-bedroom unit offers its own kitchen, living room, bathroom, and access from the back of the property, making it ideal for rental income.
Major updates include newer windows, siding, electrical, and a durable steel roof, offering peace of mind for the next owner. This turnkey investment opportunity is well-positioned to provide excellent cash flow.
The backyard is a major highlight, offering an exceptionally large and private outdoor space surrounded by mature trees and greenery. It has multiple seating areas throughout, giving each unit room to enjoy their own outdoor space. The yard offers a great mix of open lawn, sunny entertaining areas, and shaded spots to relax, creating a peaceful, park-like setting with plenty of flexibility.
Situated in Guelph’s trendy Junction neighbourhood, this property is around the corner from Fixed Gear Brewing Co. and just a short stroll to downtown Guelph’s restaurants, boutique shops, nightlife, and the GO Station.











































