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Listed 3 months ago

52 King Street

Port Hope, Port Hope

$1,150,000

Detached|2-Storey
4 | 3 | 6
About this home

A solid brick home, with one of Port Hope's most sought after addresses--close to Trinity College School and with a view of Port Hope's charming Walton Street. Built in 1937, recent capital improvements include a new metal roof, new wiring (all 2022), new gas boiler for radiators (2020). High ceilings and plentiful windows , this home is bathed in light, and built for entertaining. The main entrance of the home leads from a cobbled forecourt to a gracious central hall. Past the French doors of the living room to the left, and a study to the right, the wide staircase has a mid-level door hiding a fun secret~ a half- staircase to the Kitchen. A Butler's Pantry leads from the Kitchen to the Dining Room, separated from the Living Room by another set of French doors. Four bedrooms upstairs, the 230sq ft primary bedroom with an ensuite 3 pc (shower). The SE bedroom has been plumbed and vented for stackable Laundry. All Bedrooms have motion-lighting in the closets. On the lower floor, the walkout is framed out for a separate Nanny or In-Law suite, living and bedroom space; and a two pc powder room.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age51-99
Size2000-2500 sq. ft.
Property Tax$7,280
Lot Size100 ft x 146 ft
mls© NumberX13574152
Listed ByRoyal Service Real Estate Inc.

Listing History

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  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,886
Property tax
$607
Heat allowance
$150
Housing costs
$6,643 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $230,000
25-yr amortization

Income needed

$204,000

gross annual household income

Payment at 4%
$4,839 / mo
Cash down
$230,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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