agent pic
221 Walton Street Image 1

$650,000

$675,000
3.7% dropped

Last price change Apr 8

Dec 16, 2024Multiplex For Sale
bedrooms6bed
washrooms8bath
MLS - #X11893749

221 Walton Street, Port Hope, ON L1A 1P1

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Similar Homes Found
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Average Price
65000000.0%
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Price Comparison

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Property Description

Property type

Multiplex

Lot size

N/A

Style

2-Storey

Approx. Area

N/A

Room Information

Room TypeDimension (length x width)FeaturesLevel
Kitchen4.06 x 3.15 mCombined w/DiningSecond
Living Room4.85 x 4.22 mN/ASecond
Bedroom4.01 x 3.4 mN/ASecond
Bedroom3.38 x 2.9 mN/ASecond

About 221 Walton Street

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.

Home Overview

Last updated

Apr 8

Virtual tour

None

Basement information

Unfinished

Building size

--

Status

In-Active

Property sub type

Multiplex

Maintenance fee

$N/A

Year built

--

Listed by RE/MAX JAZZ INC.

Additional Details

Basement:Unfinished
Cooling:None
Heating:Radiant
Parking Features:None

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

Location

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Walk Score for 221 Walton Street

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