223 Walton Street

If you’re on the lookout for a remarkable investment opportunity, look no further than this Multi-Family Home for sale in Port Hope . Nestled at 223 Walton Street, Port Hope, this splendid 7-unit multiplex offers a unique chance to own a piece of history while enjoying the benefits of modern living. With its charming exterior of wood and brick, this property has stood the test of time, boasting an impressive age of over 100 years.

The building, designed in a 2-storey style, is situated on a generous lot measuring 117 by 23 feet, providing ample space for parking—up to 10 vehicles can be accommodated. The location is simply ideal, positioned within a residential neighbourhood that allows for easy access to the 401, making commuting a breeze. Moreover, it’s just a stone’s throw away from the vibrant downtown area of Port Hope, where you can find an array of stylish restaurants, delightful eateries, and unique boutiques.

This Multi-Family Home for sale in Port Hope features a total of 25 rooms, including 9 bedrooms and 6 bathrooms, making it a spacious and versatile investment. The layout comprises one 4-bedroom unit, four 2-bedroom multi-level units, and two upstairs bachelor units, all currently occupied by reliable tenants. This ensures a steady stream of income from day one, which is a significant advantage for any prospective buyer.

The property does not come with an additional kitchen, but it boasts a total of seven kitchens throughout the units, allowing for a convenient living arrangement for tenants. While there is no central vacuum system or family room, the existing spaces are well-utilised and offer a comfortable living environment. It’s worth noting that the home is unfurnished, allowing new owners to personalise the space to their liking.

As for the amenities, the property is equipped with window unit air conditioning, ensuring that residents stay cool during the warmer months. The heating system is water-based, providing a reliable source of warmth during the colder seasons. The home is connected to municipal water and sewer services, which adds to the convenience of living in this lovely community.

While the basement remains unfinished, it presents an excellent opportunity for the new owner to transform it into additional living space or storage, depending on their needs. There are also several out-buildings on the property that are not currently leased, offering potential for conversion into additional dwelling units or alternative uses beyond mere storage. This aspect of the Multi-Family Home for sale in Port Hope adds a layer of versatility and potential growth that savvy investors will surely appreciate.

In summary, this property at 223 Walton Street, Port Hope, is not just a house; it’s a fantastic investment opportunity with enormous potential. The combination of a well-maintained multiplex, a prime location, and the possibility for expansion makes this Multi-Family Home for sale in Port Hope a must-see for anyone interested in real estate. Whether you’re looking to invest or seeking a unique property with character, this home ticks all the boxes.

Don’t miss out on this incredible chance to own a piece of Port Hope’s history while securing a profitable investment for the future. With its spacious units, prime location, and potential for growth, this Multi-Family Home for sale in Port Hope is sure to attract attention. Schedule a viewing today and see for yourself the possibilities that await at 223 Walton Street, Port Hope!

Port Hope, nestled along the picturesque shores of Lake Ontario, is a charming town that beautifully blends historic character with modern amenities. Known for its well-preserved 19th-century architecture, the town offers a vibrant atmosphere with quaint shops, delightful cafés, and a thriving arts scene. Surrounded by lush greenery and scenic landscapes, residents enjoy a variety of outdoor activities, from leisurely strolls along the waterfront to exploring nearby conservation areas. With a strong sense of local pride and a welcoming spirit, Port Hope provides a tranquil yet engaging environment for those seeking a close-knit community feel while still being conveniently located within reach of larger urban centres.

Schools in the Neighbourhood

The property is conveniently located near St. Anthony's Catholic Elementary School, which is just 0.9 km away, making it an excellent option for families with young children. This school is part of the Peterborough Victoria Northumberland and Clarington Catholic District School Board and offers education from junior kindergarten through to grade 8. As a Catholic institution, it emphasizes values-based education within an English language framework. Although the school rating is currently listed as 0, it is important for prospective buyers to consider visiting the school and engaging with the community to gain a better understanding of its offerings and environment. The close proximity to St. Anthony's provides an added benefit for families seeking quality education for their children, allowing for easy commutes and involvement in school activities. Overall, this neighborhood offers a supportive educational environment, making it an attractive option for families looking to settle in a community-oriented area.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small population of 553 residents, with an average household size of 1.8. The community has a median age of 47.6 years, indicating a mature population. The average household income stands at $89,000, although 17.2% of the population is classified as low-income. The real estate market reflects a significant average home price of $740,000, with 51.61% of households being renters, suggesting a diverse housing landscape. Notably, 53% of residents are single, while 30% of households include children, highlighting a mix of family structures. The area is home to 11.11% immigrants, contributing to its cultural diversity. Educational attainment is relatively high, with 52.04% of residents holding a college or university degree. However, a substantial portion of the population, 42.86%, is not participating in the labor force, which may impact economic dynamics in the region. Overall, this community presents a blend of demographics that could appeal to various potential buyers or renters, particularly those seeking a stable and educated environment.