For Sale

195-197 Walton Street Unit# 195, Port Hope, Ontario L1A1N7

$1,535,000

195-197 Walton Street Unit# 195, Port Hope, Ontario L1A1N7 is For Sale and has a listing price of 1,535,000. The property is located in the Port Hope neighbourhood. It's been on the website for 91 Days.

  • Multi-family
    Property Type
  • Multi-family
    Building Type
  • 7
    Parking Spaces
  • MLS ID: X9256092
  • Office Name RE/MAX JAZZ INC.
Property Description

An exceptional opportunity to acquire a turn-key investment property in the thriving community of Port Hope. This multi-residential building boasts seven units, six of which have been completely renovated with modern finishes, attracting quality tenants. All tenants pay their own hydro, reducing landlord expenses. With Port Hope’s consistently low vacancy rate, this property offers excellent income stability and growth potential. Strategically located, this property is perfectly positioned to capitalize on Port Hope’s growing demand for rental housing. Whether you’re a seasoned investor or looking to expand your portfolio, this property is a must-see for anyone seeking a strong return on investment in a robust rental market. Don’t miss out on this rare opportunity to secure ahigh-performing asset in this desirable markets. There is further upside to be realized when tenants turn over or by separating heat and water expenses to future tenants. (id:43137)

Property Details
  • Virtual Tour: Click Here
  • MLS ID: X9256092
  • Price: $1,535,000
  • Transaction Types: For Sale
  • Ref ID: 27295689
  • Year Built: N/A
  • Building Type: Multi-family
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
08/15/2024 X9256092 $1,535,000 For Sale - -
07/04/2024 X9011650 $1,550,000 For Sale - -
05/17/2024 X8351032 $1,650,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Port Hope
  • $939,280 Average List Price
    based on 1 year
  • 43 New Listings
    based on 30 days
  • 103 Median Days on Market
    based on 1 year
  • List vs. Selling Price 65.13 % Up
  • Sold (12mo) 112
  • Rented (12mo) 17

  • 1 Month Change -1.2%
  • 3 Month Change -2.8%
  • 6 Month Change +49.4%
Walkscore
  • 85 Walk Score
    Very Walkable
  • 63 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    76.84%
  • Commercial
    15.01%
  • Condo
    4.37%
  • Land for Sale
    3.77%
Additional Details
  • Sewers Sanitary Sewer
  • Heat Source Natural Gas
  • Heating System Other
  • Water Municipal Water
  • Total Parking Spaces: 7
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 15/08/2024 00:00:00
  • Zoning C2
  • Agent Name: ANITA BONGERS-LEWIS
  • Last Updated: 16/10/2024 14:32:58
Open House Dates
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