221 Walton Street
Port Hope, L1A 1P1
FOR SALE
$650,000

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Investment
CATEGORY9,558 Sq Ft
TOTAL AREAX12164057
MLSIDContact Us
Property Description
Fully Vacant fourplex for your personal touch and a great opportunity for cash flow! Unlock the potential of this legal 4-plex, offering over 3,500 sq. ft. (MPAC) of rentable space in a high-demand location. Featuring two spacious two-bedroom units and two one-bedroom units, each self-contained, this property provides immediate income-generating potential. Tenants are vacating and the building could use some renovations, presenting a clear value-add opportunity for savvy investors willing to renovate and maximize returns. Located in historic downtown Port Hope, tenants benefit from walkable access to amenities, shops, cafes, and public transit, including VIA Rail and Highway 401ideal for attracting a broad tenant base. The property includes a rear addition overlooking a peaceful ravine, adding appeal to attract quality tenants. Whether you're expanding your portfolio or seeking a repositioning project, 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. **EXTRAS** With renovations of kitchens, bathrooms and flooring this building has significant potential for high rents and low expenses, an investment with this type of opportunity is a rare find. There is rough-in for laundry in the utility room.
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Property Details
Address
221 Walton Street
Community
City
Postal Code
L1A 1P1
Property Type
Investment, Investment
Use
Apartment
Zoning
RES3(98)
Lot Size
52' x 96'
Total Area
9,558 Sq Ft
Taxes
$6,522 (2024
Heat Type
Radiant
Water
Municipal
Garage Type
None
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Listing contracted with Re/Max Jazz Inc.
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