Unlock the potential of this legal 4-plex, offering over 3,500 sq. ft. (MPAC) of rentable space in a high-demand location. All four units are fully above grade and self-contained, comprising two spacious two-bedroom units and two one-bedroom units. The property has been renovated, with three units currently tenanted and one vacant, providing immediate income with the opportunity to place a new tenant at current market rent. Located in historic downtown Port Hope, residents enjoy walkable access to shops, cafs, amenities and public transit, along with convenient access to VIA Rail and Highway 401-ideal for attracting a broad tenant base. A rear addition overlooking a peaceful ravine adds to the property's appeal. Whether you're expanding your portfolio or seeking a repositioning opportunity, 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:4069)
Address
221 WALTON STREET
List Price
$809,000
Property Type
Single Family
Type of Dwelling
House
Transaction Type
Sale
Area
Ontario
Sub-Area
Port Hope
Bedrooms
6
Bathrooms
4
Floor Area
3500 - 5000 Sq. Ft.
Lot Size
52.2 x 95.7 FT Ac.
Lot Depth
95 ft ,8 in
Frontage Length
52 ft ,2 in
MLS® Number
X13763358
Listing Brokerage
RE/MAX Jazz INC.
Basement Area
Partial (Unfinished)
Postal Code
L1A1P1
Ownership
Freehold
Appliances
Stove, Refrigerator
Amenities
Separate Electricity Meters
Heat Source
Natural gas
Heat Type
Radiant heat
Cooling Features
None
Foundation Details
Slab, Stone
Number Of Floors In Building
2
Water Source
Municipal water
Sewer
Sanitary sewer
