314 Paisley Rd is a 4-bdrm LEGAL duplex in prime location just a short walk to downtown! Offering excellent income potential, this property can easily be converted into a triplex W/the bsmt already featuring a bdrm, bathroom & living room. Vacant possession available allowing you to move in immediately or secure your own tenants at current market rents. Fantastic opportunity for investors seeking strong cash flow or buyers looking to live in the main unit while offsetting their mtg W/rental income. Main 2+1 bdrm apt offers updated kitchen W/high-end cabinetry, quartz counters, S/S appliances & breakfast bar ideal for casual dining. Living room is filled W/natural light from large windows & enhanced by charming wainscotting. 2 bdrms W/hardwood & large windows are also found on the main level along W/3pc bath, modern vanity & tiled shower. Add'l conveniences: in-suite laundry & storage closet. Bsmt extends living space W/rec room & luxurious bathroom with 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 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)