20 Ontario 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 $1,385,000 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 25.2 x 99.26 ft lot size
- Convenient lane garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Rare opportunity to own a well-established restaurant & bar in the heart of Port Hope Downtown .along with the building in a prime, high-traffic location. This fully equipped, turnkey operation offers strong annual sales and a loyal customer base. The spacious dining area 120 seats. Separate Party area also available along with the roof top patio to enjoy the summer vibes. More than 3150 sqft of retail space with extra patio. Just walk in from the Ganaska River with full setup for dine-in, bar service, takeout & delivery. opportunity for end-users or investors looking to acquire a profitable business with property ownership included. Don't miss out!
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Pricing & Value Insights
Data-driven valuation for 20 Ontario Street, Port Hope, ON L1A 2T6
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About Purchasing a Home in Port Hope, ON
For a property listed at $1,385,000 in Port Hope, the legal minimum down payment is $277,000 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 $24,175 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 $24,175.
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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.