For Sale

221 Walton Street, Port Hope, Ontario L1A 1P1

$650,000

221 Walton Street, Port Hope, Ontario L1A 1P1 is For Sale and has a listing price of 650,000. The property is located in the Port Hope neighbourhood . It's been on the website for 52 Days.

  • Investment
    Property Type
  • MLS ID: X11893746
  • Office Name RE/MAX JAZZ INC.
Property Description

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.

Property Details
  • MLS ID: X11893746
  • Price: $650,000
  • Lot Depth: 95.7
  • Transaction Types: For Sale
  • Ref ID: X11893746
  • Year Built: N/A
  • Dir / Cross St: Walton/Pine
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 100+
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
05/21/2025 X12164060 $650,000 For Sale - -
05/21/2025 X12164057 $650,000 For Sale - -
12/16/2024 X11893746 $650,000 For Sale - -
12/16/2024 X11893749 $650,000 Cancelled 05/21/2025 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Port Hope
  • $944,963 Average List Price
    based on 1 year
  • 4 New Listings
    based on 30 days
  • 171 Median Days on Market
    based on 1 year
  • List vs. Selling Price 93.83 % Up
  • Sold (12mo) 110
  • Rented (12mo) 23

  • 1 Month Change -0.7%
  • 3 Month Change -29.8%
  • 6 Month Change -17.7%
Walkscore
  • 70 Walk Score
    Very Walkable
  • 39 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    76.86%
  • Commercial
    16.06%
  • Condo
    5.08%
  • Land for Sale
    2%
Additional Details
  • Heat Type Radiant
  • Garage Type Y
  • Taxes: $6,522
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Immediate
  • Listing Entry Date: 16/12/2024 16:00:50
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