221 Walton Street, Port Hope, Ontario L1A 1P1

Listed for:
$675,000
0 beds
0 baths
Listed 87 days ago
Multi-Family for rent: 221 Walton Street, Port Hope, Ontario L1A 1P1

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Learn more about this property
Listing provided by:
RE/MAX JAZZ INC.
MLS® number:
X11893746
Agent:
Anita Bongers-lewis
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About

Walton/Pine 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. (id:27476)

Property Highlights

MLS® Number
X11893746
Type
Multi-family
Community Name
Port Hope
Land Size
52.18 x 95.7 FT

Building

Building Type
Multi-Family
Square Footage
9558 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Radiant heat
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water

Location