504 - 140 WEST RIVER Street
Paris, Ontario
1 bed • 1 bath • Single Family
**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, cafés, 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.**
Price History
Schools
Elementary
- Paris Central Public School0.5 km
Public · Grand Erie DSB · 245 students
Grade 3 reading: 83% met the provincial standard · Grade 6 math: 55% met the provincial standard
- North Ward School1 km
Public · Grand Erie DSB · 505 students
Grade 3 reading: 68% met the provincial standard · Grade 6 math: 40% met the provincial standard
- Holy Family School1 km
Catholic · Brant Haldimand Norfolk CDSB · 240 students
Grade 3 reading: 88% met the provincial standard · Grade 6 math: 50% met the provincial standard
Secondary
- Paris District High School0.8 km
Public · Grand Erie DSB · 945 students
Grade 10 literacy: 79% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N3L
- Population
- 17,676
- Private dwellings
- 6,741
- Median age
- 42
- Average household size
- 2.6
- Median household income
- $102,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Paris · last 12 months
- Median sold price
- $0
- Homes sold
- 0
- Median days on market
- 0
- Sale-to-list price
- 0.0%
Based on 0 recorded sales of single family properties in Paris over the last 12 months.
Location
Mortgage Calculator
$56,980
Estimated Monthly Payment
$1,400
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,400/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $71/mo
Estimates only. Consult a financial advisor.
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