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BEDROOMS3
BATHROOMS2
KITCHENS13
ROOMSX8258292
MLSIDContact Us
Property Description
Location, location, location. Introducing a renovated gem: a 2 unit duplex with an unobstructed view if the Ganaraska River in the Heart of Port Hope. Ideal for savvy investors seeking passive income or a first time buyer eager to get into the housing market with rental income to help pay the mortgage. This property has been recently renovated from roof to the floors with modern upgrades. Each unit features unique layouts ( one open concept and one more traditional), abundant natural light, park and rivers views, full basement, storage shed and large backyards. Whether you're envisioning rental income or cozy home with rental potential, this duplex offers versatility. Situated in a desirable location, within walking distance of downtown, restaurants, shops, and easy access to the Hwy 401. Your opportunity awaits.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-02-16 | 2023-03-11 | 23 | $619,900 | - | Terminated |
| 2023-02-06 | 2023-02-16 | 10 | $619,900 | - | Terminated |
| 2023-02-06 | 2023-02-06 | 0 | $619,900 | - | Suspended |
Property Features
Golf, Level, Library, Park, Rec Centre, River/Stream
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Property Details
Street
Community
City
Property Type
Duplex, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
81' x 133'
Acreage
< .50
Fronting
West
Taxes
$4,313 (2023)
Basement
Full
Exterior
Board/Batten
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 11.25' x 14.40' | |
| Living | Main | 11.38' x 14.44' | |
| Prim Bdrm | 2nd | 10.99' x 14.30' | |
| 2nd Br | 2nd | 10.96' x 11.09' | |
| Mudroom | Main | 10.40' x 18.41' | Combined W/Laundry |
| Kitchen | Main | 11.15' x 14.21' | Open Concept |
| Living | Main | 11.91' x 14.30' | |
| Prim Bdrm | 2nd | 10.93' x 13.39' | |
| 2nd Br | 2nd | 10.96' x 11.09' |
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Port Hope Market Statistics
Port Hope Price Trend
90-92 Cavan St is a 4-bedroom 3-bathroom home listed for sale at $699,999, which is $23,001 (3.2%) lower than the average sold price of $723,000 in the last 30 days (April 3 - May 2). During the last 30 days the average sold price for a 4 bedroom home in Port Hope declined by $355,333 (33.0%) compared to the previous 30 day period (March 4 - April 2) and down $556,400 (43.5%) from the same time one year ago.Inventory Change
There were 10 4-bedroom homes listed in Port Hope over the last 30 days (April 3 - May 2), which is up 66.7% compared with the previous 30 day period (March 4 - April 2) and up 42.9% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Port Hope typically sold $7,820 (1.1%) above asking price over the last 30 days (April 3 - May 2), which represents a $57,485 increase compared to the previous 30 day period (March 4 - April 2) and $11,040 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 4-bedroom homes in Port Hope over the last 30 days (April 3 - May 2) stood at 50.0%, down from 50.0% over the previous 30 days (March 4 - April 2) and down from 71.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Port Hope stood at 25 days when successfully sold over the last 30 days (April 3 - May 2), compared to 25 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Proalliance Realty
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