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140 WEST RIVER Street Unit# 504, Paris — listed at $284,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
**AN AFFORDABLE OPPORTUNITY IN THE HEART OF PARIS!** Whether you're looking to enter the market, simplify your lifestyle, or add a well-located condominium to your investment portfolio, Unit 504 at historic Penman Manor deserves a look. This one-bedroom, one-bathroom suite offers 513 sq. ft. of efficient living space with soaring ceilings, oversized windows and the character that makes this landmark building so distinctive. The functional layout includes an open living area, kitchen/dining space, generous bedroom, four-piece bath and convenient in-suite laundry. **Investors will appreciate the combination of an attainable purchase price, established demand for one-bedroom rentals in the area, reasonable monthly carrying costs, an owned hot water heater, dedicated parking and storage locker — all within walking distance of downtown Paris.** For owner-occupiers, it's an opportunity to enjoy low-maintenance condo living without giving up character, outdoor space or community. Penman Manor sits along the Nith River with access to beautiful riverside trails and grounds featuring a gazebo, BBQ and outdoor seating. Walk to downtown Paris for restaurants, cafe, pubs, boutiques, pharmacy, medical services and everyday conveniences, with easy access to Highways 403 and 401 for commuters. One owned parking space is included, with additional spaces available to rent through condo management. **An attractive option for first-time buyers, downsizers and investors looking for an affordable foothold in one of Ontario's most charming communities.** (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Utility room | Main level | 3'5'' x 6'0'' |
| 4pc Bathroom | Main level | 5'11'' x 9'0'' |
| Laundry room | Main level | 2'10'' x 4'5'' |
| Kitchen/Dining room | Main level | 8'7'' x 13'3'' |
| Living room | Main level | 12'0'' x 14'2'' |
| Bedroom | Main level | 9'6'' x 12'7'' |
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Does it have a basement, and is it finished?+
The listing describes the basement as: None. Confirm the finishing status during a showing — it affects both livable space and resale value.
What's the parking situation?+
This property includes 1 space — Open, Visitor Parking.
What do the condo/maintenance fees cover?+
The $547/mo fee covers: Common Area Maintenance, Landscaping, Property Management, Insurance, Parking.
Is this a good starter home?+
At $284,900, this is priced in starter-home territory for Paris. Factor in condo fees when calculating your true monthly cost.
Who is 140 WEST RIVER Street Unit# 504 best suited for?+
With 1 bedroom and 1 bathroom, this is ideal for a couple, a small family, or as a low-maintenance investment property.
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