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, cafs, 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. (id:13843)
| MLS # | X13011250 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 126 |
| Listing Provided By | RE/MAX Jazz INC. | ANITA BONGERS-LEWIS |
| Bath(s) | 4 Total |
|---|---|
| SQ Feet | 9,558 |
| Zoning | R2-1 |
| Lot Features | Irregular lot size |
|---|
| Tax Annual Amount | 6906.3 |
|---|
| Province | ON |
|---|---|
| City | Port Hope |
| Postal Code | L1A1P1 |
| Listing VS Median (in L1A1P1) | |
Price: $825,000 low | high Med: $825,000 sqft: 9,558 low | high Med: 6,529 $ / sqft: $86 low | high Med: $161 On site: 126 low | high Med: 126 | |
| Province | ON |
|---|---|
| City | Port Hope |
| Postal Code | L1A1P1 |
| Listing VS Median (in L1A1P1) | |
Price: $825,000 low | high Med: $825,000 sqft: 9,558 low | high Med: 6,529 $ / sqft: $86 low | high Med: $161 On site: 126 low | high Med: 126 | |