$825,000

221 WALTON STREET, Port Hope, Ontario, L1A 1P1

MLS® # X13011250

Port Hope ON, L1A 1P1

MLS® # X13011250

Property Information:

Unlock the potential of this legal 4-plex, offering over 3,500 sq. ft. (MPAC) of rentable space in a high-demand location. All units are fully above grade and the building features two spacious two-bedroom units and two one-bedroom units, each self-contained. This property is renovated and two of the four units are currently vacant providing great income-generating potential. Located in historic downtown Port Hope, tenants benefit from walkable access to amenities, shops, cafes, and public transit, including VIA Rail and Highway 401-ideal for attracting abroad tenant base. The property includes a rear addition overlooking a peaceful ravine, adding appeal to attract quality tenants. Whether you're expanding your portfolio or seeking a repositioning project, this property's size, location, and configuration make it a rare find. With strong rental demand in one of Ontario's most desirable small towns, this is a smart investment ready for its next chapter. (id:27)

Building Features:

Style: Multiplex
Building Type: Multi-Family
Floor Space: 9558 sqft
Heating Type: Radiant heat
Cooling Type: None

Property Features:

Property Type: Multi-family
Bathrooms: 4
Features: Irregular lot size
Floor Space (approx): 9558 Square Feet
Irregular: Yes
Lot Depth: 95.7 Feet
Lot Frontage: 52.2 Feet
Lot Size: 52.18 x 95.7 FT
Zoning: R2-1

Courtesy of: RE/MAX Jazz INC.

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⚠ Potential Investment Performance

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Market Price Trends

Location of 221 WALTON STREET, Port Hope, Ontario, L1A 1P1

Lifestyle
Neighbourhood

Demographic Information of 221 WALTON STREET, Port Hope, Ontario, L1A 1P1

Life Stage

Later Years

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$122,062.15

Average Number of Children

1.44

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.26 %

High school certificate or equivalent

33.34 %

Apprenticeship trade certificate/diploma

7.38 %

College/non-university certificate

24.02 %

University certificate (below bachelor)

2.28 %

University Degree

22.72 %

Commuter

Travel To Work

By Car

87.56 %

By Public Transit

0.0 %

By Walking

3.61 %

By Bicycle

0.59 %

By Other Methods

8.24 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

25.64 %

Houses

74.36 %

Own Vs. Rent