195-197 Walton Street

Port Hope, L1A 1N7
FOR SALE
$1,300,000
195-197 Walton Street, Port Hope
195-197 Walton Street
195-197 Walton Street
195-197 Walton Street
195-197 Walton Street
195-197 Walton Street
195-197 Walton Street
195-197 Walton Street
195-197 Walton Street
195-197 Walton Street
195-197 Walton Street
195-197 Walton Street
195-197 Walton Street
195-197 Walton Street
195-197 Walton Street
195-197 Walton Street
195-197 Walton Street
195-197 Walton Street
195-197 Walton Street
195-197 Walton Street
Investment
CATEGORY
24,641 Sq Ft
TOTAL AREA
X12151667
MLSID
Contact Us
Property Description
An exceptional opportunity to acquire a turn-key investment property in the thriving community of Port Hope. This multi-residential building boasts seven units, all units have been completely renovated with modern finishes, attracting quality tenants. All tenants pay their own hydro, reducing landlord expenses. With Port Hope's consistently low vacancy rate, this property offers excellent income stability and growth potential. Strategically located, this property is perfectly positioned to capitalize on Port Hope's growing demand for rental housing. Whether you're a seasoned investor or looking to expand your portfolio, this property is a must-see for anyone seeking a strong return on investment in a robust rental market. Don't miss out on this rare opportunity to secure a high-performing asset in this desirable markets. There is further upside to be realized when tenants turn over or by separating heat and water expenses to future tenants. Interior unit photos may be from prior to current tenants moving in. ***MOTIVATED SELLER Opportunity to bundle multiple listings for a better CAP and price. See MLS listings X12151686, X12151707, X12164060, X12151667. Willing to sell these 27 units at an overall reduced price.
Property Details
Address
195-197 Walton Street
Community
Postal Code
L1A 1N7
Property Type
Investment, Investment
Days On Market
21
Use
Apartment
Zoning
R2
Lot Size
63' x 392'
Total Area
24,641 Sq Ft
Taxes
$12,802 (2024
Heat Type
Gas Forced Air Open
Water
Municipal
Parking Spaces
7
Garage Type
None
Listing contracted with Re/Max Jazz Inc.
DIALOG CONTENT
Would you like to receive Similar Listing Alerts as soon as they are uploaded to MLS®?
How would you rate our website?
Would you like to rate us on Google?
Yes
157174185