132 Victoria St

FOR SALE
$799,888
132 Victoria St, Port Hope
132 Victoria St
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
7
ROOMS
X11930163
MLSID
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Property Description
THIS IS THE ONE YOU HAVE BEEN WAITING FOR AND IS RARELY AVAILABLE WITH INCREDIBLE VIEWS FROM THE SECOND FLOOR OUTSIDE SPACE. RIGHT HERE IN THE BEAUTIFUL LAKE SIDE TOWN OF PORT HOPE AND LESS THAN ONE HOUR TO THE BIG CITY. THE OPPORTUNITIES TO MAKE INCOME/PROFIT $$$ HERE WITH THIS DETACHED PROPERTY ACROSS FROM THE HIGH SCHOOL ARE ENDLESS. YOU MIGHT WANT TO RENT THE LOVELY 2 BEDROOM APARTMENT AND THE MAIN FLOOR COMMERCIAL SPACE SO YOU CAN SIT BACK, COLLECT THE INCOME AND RELAX. IF YOU'RE THE TYPE THAT LIKES TO WORK AND LIVE SO CLOSE THAT YOUR COMMUTE IS LESS THAN 1 MINUTE WELL HERE IT IS. MAYBE YOU WANT TO LIVE HERE AND COLLECT THE RENT FROM DOWNSTAIRS....SO MANY OPTIONS. WHAT ARE YOU LOOKING FOR? WHAT ARE YOU WAITING FOR? IT'S 2025 AND THE DOOR IS KNOCKING, TIME TO MAKE A MOVE. APPROXIMATELY 1800 SQ FT OR SO ON THE MAIN FLOOR AND 1000 SQ FT OR SO ON THE UPPER FLOOR ( 2 BEDROOM UNIT ) AND THE UNFINISHED WALK UP BASEMENT HAS SOME GREAT POTENTIAL TOO. THE WELL ESTABLISHED BUSINESS CURRENTLY OPERATING HAS SO MUCH TO OFFER THE RIGHT BUYER WHO HAS A VISION TO EXPAND AND GROW THIS GEM. CURRENT OWNERS ARE READY TO RETIRE AND CAN PROVIDE THE NEXT ONES WITH SOME ADVICE/ASSISTANCE IF NEEDED TO ENSURE A SMOOTH TRANSITION. SEPARATE ENTRANCE FROM THE OUTSIDE TO THE APARTMENT AS WELL AS FROM INSIDE THE MAIN FLOOR COMMERCIAL SPACE.
Extras
BRING YOUR CREATIVE MIND AND DESIGN THE BUSINESS YOU ALWAYS WANTED. WORD ON THE STREET IS THAT A TAKE OUT FOOD SPOT WOULD BE GREATLY APPRECIATED. OH AND ALCOHOL IS POSSIBLY AN OPTION TOO NOW WITH THE NEW LAWS.
Property Details
Community
Property Type
Detached, 1 1/2 Storey
Lot Size
50' x 85'
Fronting
West
Taxes
$5,052 (2024)
Basement
Unfinished
Exterior
Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Other
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
Port Hope Market Statistics
Port Hope Price Trend
132 Victoria St is a 2-bedroom 1-bathroom home listed for sale at $799,888, which is $24,888 (3.2%) higher than the average sold price of $775,000 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom home in Port Hope increased by $149,000 (23.8%) compared to the previous 30 day period (November 19 - December 18) and up $55,000 (7.6%) from the same time one year ago.
Inventory Change
There were 9 2-bedroom homes listed in Port Hope over the last 30 days (December 19 - January 17), which is up 80.0% compared with the previous 30 day period (November 19 - December 18) and up 125.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Port Hope typically sold ($14,900) (1.9%) below asking price over the last 30 days (December 19 - January 17), which represents a $19,900 increase compared to the previous 30 day period (November 19 - December 18) and ($9,900) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom homes in Port Hope over the last 30 days (December 19 - January 17) stood at 33.3%, down from 60.0% over the previous 30 days (November 19 - December 18) and down from 50.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Port Hope stood at 8 days when successfully sold over the last 30 days (December 19 - January 17), compared to 73 days before being removed from the market upon being suspended or terminated.
Listing contracted with Real Estate Homeward
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