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For Sale · Specialty

185 GRAND RIVER Street N, Paris

185 GRAND RIVER Street N, Paris, ON N3L2N2

$4.0M total

13,510 SF

Asset Class

Specialty

Size

13,510 SF

Building class

B

Zoning

US — Urban Services

$ / SF

$295

Occupancy

86%

Lot Size

4.48 ac

About this property

Prime infill/redevelopment opportunity in the heart of Paris, Ontario. Spanning approximately 4.485 acres along highly sought-after Grand River Street North, this early-century property showcases exceptional craftsmanship and architectural character rarely found at this scale. With substantial frontage and depth, the site offers a versatile canvas for a range of potential uses, including a medical or health-care campus, master-planned residential community, professional office, or a thoughtfully integrated mixed-use development—subject to municipal approvals. Ideally positioned just moments from downtown Paris, Ontario, the property benefits from proximity to charming cafés, restaurants, boutique retail, scenic Grand River trails, schools, and everyday amenities. Quick access to Highway 403 Ontario provides seamless connectivity to Brantford, Ontario, Hamilton, Ontario, Cambridge, Ontario, Kitchener-Waterloo, Ontario, and the Greater Toronto Area. Whether envisioning best-in-class care facilities, premium townhome or stacked residential development, or a signature office destination, 185 Grand River Street North presents a rare opportunity to secure scale, character, and location in one exceptional offering. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$3.98M
Down payment30% · $1.19M
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$18K

Projected NOI

$255K

Annual cash flow

$35K

Cash-on-cash

2.92%

DSCR

1.16

Going-in cap

6.42%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Summit Trades Supply5,725 SF2034-11
Summit Trades Supply5,826 SF2034-11

Area demographics

Trade area within 3 miles of the property.

Population

73,393

Households

28,173

Median income

$103,500

Median age

44.9

Daytime population

82,440

5-yr growth

0.8%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 185 GRAND RIVER Street N, Paris.

NDA required

  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.