30 Walton Street, Port Hope, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Port Hope. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,475,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 41 x 132 ft lot size
- equipped with no central cooling and highly efficient gas hot water heating
Description
Well maintained building in the highly sought after municipality of Port Hope. Port Hope is the hidden gem of Northumberland County. The Ganaraska River is behind the building where salmon fishing is plentiful, and the Capital Theater is steps away from the front door. The exterior facade was restored in 2016. There are five residential apartments as well as two commercial/retail units. One commercial unit is 750 square feet and the other is 2500. Commercial units are on three years leases, due in 2028 and 2029.Three of residential units are month to month , one is leased until July 2026 with another leased until August 2026. There are four two bedroom apartments and one three bedroom apartment. All units have one designated parking spot along the east of the building. The property falls under Conservation Control, Easement, Flood Plain, Heritage Port Hope. Buyer to be aware of the Port Hope Initiative. Great Income. At the list price the property has a cap rate of 7.3%.
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Pricing & Value Insights
Data-driven valuation for 30 Walton Street, Port Hope, ON L1A 1N1
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About Purchasing a Home in Port Hope, ON
For a property listed at $1,475,000 in Port Hope, the legal minimum down payment is $295,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $25,975 for this transaction. As this listing is in Port Hope (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $25,975.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.