$825,000

Investment For Sale In Port Hope, Ontario

$825,000

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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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.