221 Walton ST Active

Port Hope,ON L1A 1P1

$ 675000

- Bed

- Bath

9558 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

Annual Tax Amount $6,522

Tax Year 2024

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.

Location

State ON

County Northumberland

Community Port Hope

Area Northumberland

Zoning R2-1

Interior

Cooling No

Inclusions 4 stoves, 4 fridges

Exterior

Utilities Available Available

Lot Frontage 52.18

Lot Depth 95.7

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