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Listed 1 month ago

221 Walton Street

Port Hope, Port Hope

$809,000

Detached|2-Storey
6 | 4 | 0
About this home

Unlock the potential of this legal 4-plex, offering over 3,500 sq. ft. (MPAC) of rentable space in a high-demand location. All four units are fully above grade and self-contained, comprising two spacious two-bedroom units and two one-bedroom units. The property has been renovated, with three units currently tenanted and one vacant, providing immediate income with the opportunity to place a new tenant at current market rent. Located in historic downtown Port Hope, residents enjoy walkable access to shops, cafés, amenities and public transit, along with convenient access to VIA Rail and Highway 401-ideal for attracting a broad tenant base. A rear addition overlooking a peaceful ravine adds to the property's appeal. Whether you're expanding your portfolio or seeking a repositioning opportunity, 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.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$6,906
Lot Size52.18 ft x 95.7 ft
mls© NumberX13763358
Listed ByRE/MAX Jazz INC.

Listing History

  • No recent sale history for this listing.
  • 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%
$4,141
Property tax
$576
Heat allowance
$150
Housing costs
$4,866 / mo

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

Down payment20% · $161,800
25-yr amortization

Income needed

$150,000

gross annual household income

Payment at 4%
$3,404 / mo
Cash down
$161,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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