198 Victoria St N

Port Hope, L1A3N3
For Sale
$1,400,000
198 Victoria St N, Port Hope
198 Victoria St N
198 Victoria St N
198 Victoria St N
198 Victoria St N
198 Victoria St N
198 Victoria St N
198 Victoria St N
198 Victoria St N
198 Victoria St N
198 Victoria St N
198 Victoria St N
198 Victoria St N
198 Victoria St N
198 Victoria St N
198 Victoria St N
198 Victoria St N
198 Victoria St N
198 Victoria St N
198 Victoria St N
198 Victoria St N
198 Victoria St N
198 Victoria St N
Designated
CATEGORY
300 Sq Ft
TOTAL AREA
X9348874
MLSID
Contact Us
Property Description
Prime Development Opportunity in Port Hope! Seize the chance to own and develop a substantial in-town property, boasting an impressive lot size of over 160x300 feet. Nestled in the heart of Port Hope, this expansive parcel offers endless potential for residential or commercial development. The existing structures on the property WILL need to be demolished, providing a blank canvas for your visionary project. buyer to be responsible for all lot levies, building permits site plan approval etc.PHAI is attached.
Extras
Development Charge Rebate Program. Selling buildings (tear down) and land 'as is' for development.***Municipality Of Port Hope, Part Of Lot Dedicated For Public Purposes Pl77 Port Hope, Designated As Part 3, Plan 39R-11997,
Property Details
Category
Designated
Zoning
Residential
Total Area
300 Sq Ft
Lot Size
163' x 300'
Taxes
$3,652 (2024)
Listing contracted with Royal Lepage Your Community Realty
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64 Alexander St, Port Hope
Designated
$839,000
FOR SALE
Home buyers may be able to take advantage of the new CMHC opportunity for refinance of up to 90% of home value to create a secondary unit. Could transform to an income-generating investment ~ all at the lake's edge. Lakeview Residential House with Development Opportunity! Existing Raised Bungalow faces lake (currently Tenanted.) 2+2 BR Home well updated through PHAI remediation & rebuild including decks, mud room & fencing around large lot that is surrounded by forested area, residences & with lakeviews. An Application in Process to develop the site to add a Duplex in back to be accessed by ROW over existing driveway. Duplex will have private outdoor areas on each side. Planning Process underway: Concept Drawings, Conservation Consultation, Impact Studies, Town Planning etc. Owner to continue process but will sell at any stage in site development. Gain the benefit of the planning & development process completed by Seller or buy during the process (Price TBD based on progress at time of sale.) Location is sited on a residential street with recently renovated housing & Greenspace upgrades in process. Great investment at the lake's edge. Lovely views & nature walks at the waterfront nearby. A short stroll to boutique downtown Port Hope shops & restaurants & the Ganaraska Riverfront. VIA Commuter Train close by
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