221 Walton St

Port Hope | Port Hope | L1A 1P1
  • 6
  • 4
  • 0

$675,000

Est. Mtg $2,288 /mo
  • Days on market

    243

  • Status

    New

Listing Broker RE/MAX JAZZ INC.
Since listed: 0 views

Home details

MLS #:

X11893749

Property type:
Multiplex
Style:
2-Storey
Taxes:
$6,522
Possession:
Immediate
Lot Front:
52.18   Feet
Lot Depth:
0.0   Feet
Basement:
Unfinished |
Driveway Pkg:
0
Heat:
Gas | Radiant

Description


221 Walton St, , Port Hope, Ontario is a Multiplex property in Port Hope and in the Port Hope community in the L1A 1P1 postal code


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..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2024-01 2024-07 $800,000 $640,000 Exp X7401664
2024-12 2025-02 $675,000 $675,000 New X11893749
2025-02 $675,000 $675,000 X11893746

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Port Hope :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 221 Walton St

Based on available 3rd party data

$2967

Approximate costs per month

Mortgage
$2288 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$543 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Park
  • Place Of Worship
  • Public Transit
  • School Bus Route
  • Wooded/Treed
Listing Broker RE/MAX JAZZ INC.
Data Source: TRREB

Payment calculator

$2832 monthly. In association with: TD Bank
%
  • Principal and Interest
    2288 /mo
  • Property Taxes
    $543 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Rena Alessa, Realtor

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