Port Hope, ON L1A 1P1,221 Walton ST
Port Hope, ON L1A 1P1,221 Walton ST
Port Hope, ON L1A 1P1,221 Walton ST
Port Hope, ON L1A 1P1,221 Walton ST
Port Hope, ON L1A 1P1,221 Walton ST
Port Hope, ON L1A 1P1,221 Walton ST
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$ 675,000
Est. payment | /mo

9,558 SqFt


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$ 675,000
Est. payment | /mo
Save

9,558 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 9,558 sqft

Price per Sqft $70

Subdivision Port Hope

MLS Listing ID X11893746

Building Age 100+

Annual Tax Amount $6,522

Tax Year 2024

Property Sub-Type Investment

Property Description

Unlock the potential of this legal 4-plex, offering over 3,500 sq. ft. (MPAC) of rentable space in a high-demand location. Featuring two spacious two-bedroom units and two one-bedroom units, each self-contained, this property provides immediate income-generating potential. Tenants are vacating and the building could use some renovations, presenting a clear value-add opportunity for savvy investors willing to renovate and maximize returns. Located in historic downtown Port Hope, tenants benefit from walkable access to amenities, shops, cafes, and public transit, including VIA Rail and Highway 401ideal for attracting a broad 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. **EXTRAS** With renovations of kitchens, bathrooms and flooring this building has significant potential for high rents and low expenses, an investment with this type of opportunity is a rare find. There is rough-in for laundry in the utility room.

Location

Province ON

County Northumberland

Community Port Hope

Area Northumberland

Interior

Cooling No

Exterior

Utilities Available Available

Lot Frontage 52.18

Lot Depth 95.7

Listed by RE/MAX JAZZ INC.
agent-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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221 Walton ST