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Property Description
Welcome to this versatile multi-residential property, offering endless possibilities for investors and homeowners alike! Currently configured with a cozy 2-bedroom unit and a spacious 1-bedroom unit, this property allows you to live in one while renting out the other, or easily convert it into a single-family residence. With over 1600 sqft of main floor space, there's room to grow and customize to your liking. Perfect for entrepreneurs, this property is zoned for commercial use in a charming hamlet, providing you with the flexibility to run your home business with ease. With ample parking and convenient access to hwy 401 and 28, commuting will never be an issue. Situated on a generous 1.36-acre lot, you also have the exciting possibility of severing off a building lot, adding to your revenue potential. Just a short distance from all essential amenities, this property is brimming with potential. Bring your imagination and schedule a viewing today to explore the opportunities that await!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2012-02-21 | 2012-03-23 | 31 | $79,000 | $70,000 | Sold |
Extras
Zoning COMV list of potential uses in documents section
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Property Details
Street
Community
City
Property Type
Detached, Other
Acreage
.50-1.99
Lot Irregularities
Irreg
Fronting
South
Taxes
$5,385 (2024)
Basement
Crawl Space
Exterior
Board/Batten
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Well
Parking Spaces
10
Driveway
Circular
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 13.94' x 16.73' | |
| Kitchen | Main | 12.93' x 19.36' | |
| Br | Main | 9.12' x 11.81' | |
| Br | 2nd | 16.73' x 9.84' | |
| Living | Main | 27.89' x 18.04' | |
| Br | 2nd | 27.89' x 10.66' | |
| Other | Main | 13.12' x 7.94' | |
| Office | 2nd | 9.84' x 21.62' |
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Port Hope Market Statistics
Port Hope Price Trend
5010 Ganaraska Rd is a 3-bedroom 3-bathroom home listed for sale at $600,000, which is $192,782 (24.3%) lower than the average sold price of $792,782 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 3 bedroom home in Port Hope increased by $142,782 (22.0%) compared to the previous 30 day period (July 22 - August 20) and up $252,363 (46.7%) from the same time one year ago.Inventory Change
There were 29 3-bedroom homes listed in Port Hope over the last 30 days (August 21 - September 19), which is up 70.6% compared with the previous 30 day period (July 22 - August 20) and up 107.1% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Port Hope typically sold ($11,161) (1.4%) below asking price over the last 30 days (August 21 - September 19), which represents a $2,839 increase compared to the previous 30 day period (July 22 - August 20) and $1,645 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 3-bedroom homes in Port Hope over the last 30 days (August 21 - September 19) stood at 31.0%, down from 41.2% over the previous 30 days (July 22 - August 20) and down from 935.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Port Hope stood at 16 days when successfully sold over the last 30 days (August 21 - September 19), compared to 39 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max West Realty Inc.
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