98-100 Walton Street
Port Hope / Port Hope, ON L1A 1N3
About This Property
ONE GREAT COMMERCIAL/RESIDENTIAL PROPERTY IS NICE BUT TWO GREAT COMMERCIAL/RESIDENTIAL PROPERTIES SIDE BY SIDE WITH A HUGE PARKING LOT IS PROBABLY BETTER, RIGHT ? *Media includes photos of both properties that should be sold together, so call your friend or family member right now and invest together in this amazing opportunity. Joint list price of $1,498,000 for both properties 98-100 & 102 Walton Street. Incredible multi-use investment opportunity in downtown Port Hope's historic strip. Featuring 2 main floor commercial spaces and 10 residential apartments; 4 bachelor units, 4 one bedroom units & 2 two bedroom units with a rare parking lot for 14. Well updated and maintained property offering a great mix or residential and commercial with a large parking lot at the back for tenants. Many updates including a newer roof in the last year or so, updated brick work, heat pump among many other upgrades. This is a rare opportunity to land an excellent investment property with the possibility to relocate your current successful business into one of the main floor commercial spaces for added value if needed. Why pay rent to lease your current commercial space when you can own and collect rent to help you pay the mortgage? Do the math, years of leasing the space for your current, successful business does not add up. Most successful businesses that last for many years are the ones that also own the real estate. With so many great improvements happening to downtown Port Hope and in the area in general that will boost the local economy, you will want to get in before you just cant.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13442266
Listed by REAL ESTATE HOMEWARD
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$3,657
/month · $599,200 mortgage
Amortization
Total Interest
$498,040
Total Cost
$1,097,240
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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