314 Paisley Rd is a 4-bdrm LEGAL duplex in prime location just a short walk to downtown Guelph! Offering excellent income potential, this property can easily be converted into a triplex W/the bsmt already featuring a bdrm, bathroom & living room. Fantastic opportunity for investors seeking strong cash flow or for buyers looking to live in the main unit while offsetting their mtg W/rental income. The main 2+1 bdrm apt offers beautifully updated kitchen W/high-end cabinetry, quartz counters, S/S appliances & breakfast bar ideal for casual dining & entertaining. Living room is filled W/natural light from large windows & enhanced by charming wainscotting creating an inviting space. 2 bdrms W/hardwood & large windows are also found on the main level along W/3pc bath offering modern vanity & tiled shower. Additional conveniences include in-suite laundry & storage closet. The bsmt extends the living space W/spacious rec room & luxurious bathroom featuring a W/I glass shower & floating vanity. There is an add'l bdrm W/dbl closet & B/I workstation. With its functional layout the bsmt also presents potential to be converted into a 3rd unit providing added future upside. The upper 1-bdrm unit offers its own kitchen, living room, bathroom & access from the back of the property, making it ideal for rental income. Major updates: newer windows, siding, electrical & steel roof. This turn-key investment opportunity is well-positioned to provide excellent cash flow. The backyard is a major highlight offering a hot tub & an exceptionally large & private outdoor space surrounded by trees & greenery. It has multiple seating areas giving each unit room to enjoy their own outdoor space. Yard offers a mix of open lawn, sunny entertaining areas & shaded spots to relax in a peaceful park-like setting W/lots of flexibility. Located in trendy Junction neighbourhood this property is around the corner from Fixed Gear Brewing & short stroll to downtown restaurants, shops, nightlife & GO Station (id:2493)