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Home ON Port Hope
195-197 WALTON STREET
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195-197 WALTON STREET $1,535,000
$1,535,000
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195-197 WALTON STREET
Port Hope, Ontario L1A1N7

MLS® Number: X9256092

Listing 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, six of which 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 ahigh-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. (36551781)

Location Description

Walton/Pine

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
Port Hope
Land Size
62.8 x 392.37 FT
Annual Property Taxes
$12,801.65
Total Parking Spaces
7
Time on REALTOR.ca
100 days

Building

Interior Features
Appliances Included
Refrigerator, Stove
Heating & Cooling
Heating Type
Other (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Business
Business Type
Residential (Apartments)
Parking
Total Parking Spaces
7

Measurements

Square Footage
24641 sqft

Land

Lot Features
Frontage
62 ft ,9 in
Land Depth
392 ft ,4 in
Other Property Information
Zoning Description
R2
Data provided by: Central Lakes Association of REALTORS® Unit 5 - 1100 BENNETT Road, BOWMANVILLE, Ontario L1C 0Y7

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