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Investment signal

$799,900

9 WILLOW Street

Beds

Baths

Sqft

—

Year

1900

Location

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About this home

Offered for sale for the first time in 50+ years is 9 Willow Street in Paris! This adorable century home, currently operated as a triplex, offers loads of features and potential for a future savvy buyer! As a triplex this property showcases the rear two-storey 3 bedroom / 1.5 bathroom unit, a 1 bedroom / 1 bathroom main floor front unit, and a 1 bedroom / 1 bathroom upper front unit. For those that don't need three separate units, converting this home to a duplex or even to a single family home is made extremely easy. Sitting on a near 0.25 acre lot, you will benefit from 11 car parking between the driveway (with access to both Willow and Walnut Street) and the detached one car garage with an additional driveway. The backyard offers loads of space and includes a large deck and oversized garden shed. All three units are in immaculate shape, combining charming historic features along with newer upgrades such as cosmetic finishes, windows, HVAC equipment, 200 amp electrical panel, plumbing, roof, and more. This location is also ideal, being minutes from downtown Paris, the Grand River, and day-today-conveniences. Whether you are looking for an investment property, a property with a mortgage helper, or one big home to call your own, 9 Willow is the perfect spot for you. Book your showing today! (id:65958)

Subtype: Multi-family
Structure: Triplex
Community: 2106 - Green Lane Park
Common interest: Freehold
Living area: 2,291 square feet
Parking: 11 total
Stories: 2
On market: Apr 1, 2026
Status changed: Apr 17, 2026
Annual tax: $3,620.38
Zoning: R2(S)
Photos: 50
MLS#: 40810200
Area: PARIS

Features and systems

Parking

Detached Garage

Basement

UnfinishedPartial

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Community

School Bus

Negative cash flow ~$1,572/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-11.79%

Cap rate

3.53%

GRM

16.7

Break-even rent

$5,655

Financing

Down payment$159,980

Loan amount$639,920

Mortgage$3,926/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$367

Insurance$80

Maintenance$667

CapEx reserve$333

Vacancy loss$200

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Paris. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $3,926/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 17, 2026.