$899,000

Port Hope ON, L1A 1P1

MLS® # X12446779

Property Information:

Rare investment opportunity! Incredible chance to own a fantastic 7-unit multiplex on a huge 2 acre lot in trendy, beautiful Port Hope! Occupied by great tenants, this fabulous income property is a wonderful 1860s home with two additions. The home is comprised of 1x4-bedroom unit, 4x2-bedroom multi-level units, and 2 upstairs bachelor units. Situated on an expansive lot, there is plentiful parking and a number of out-buildings that are not presently leased and could be converted to additional dwelling units or repurposed for uses other than storage. Huge potential for growth. Absolutely must be seen!!! Perfectly located in residential neighbourhood with easy access to the 401, and mere steps from charming, vibrant downtown Port Hope. Close to stylish restaurants, eateries, and one-of-a-kind boutiques. (id:27)

Building Features:

Style: Multiplex
Building Type: Multi-Family
Floor Space: 6240 sqft
Heating Type: Hot water radiator heat
Heating Fuel: Natural gas
Cooling Type: None

Property Features:

Property Type: Multi-family
Amenities Nearby: Highway
Floor Space (approx): 6240 Square Feet
Irregular: Yes
Lot Depth: 23.4 Feet
Lot Frontage: 117.3 Feet
Lot Size: 117.27 x 23.43 FT ; 117.27 ft x 23.43 ft x 150.39 ft x 40.54
Zoning: R2-1 MULTIPLEX

Courtesy of: KELLER WILLIAMS ADVANTAGE REALTY

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⚠ Potential Investment Performance

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Market Price Trends

Location of 223 WALTON STREET, Port Hope, Ontario, L1A 1P1

Lifestyle
Neighbourhood

Demographic Information of 223 WALTON STREET, Port Hope, Ontario, L1A 1P1

Life Stage

Later Years

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$122,062.15

Average Number of Children

1.44

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.26 %

High school certificate or equivalent

33.34 %

Apprenticeship trade certificate/diploma

7.38 %

College/non-university certificate

24.02 %

University certificate (below bachelor)

2.28 %

University Degree

22.72 %

Commuter

Travel To Work

By Car

87.56 %

By Public Transit

0.0 %

By Walking

3.61 %

By Bicycle

0.59 %

By Other Methods

8.24 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

25.64 %

Houses

74.36 %

Own Vs. Rent