244 Cavan Street, Port Hope, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Port Hope. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $399,000 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 68 x 332.29 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Other
- Efficient other heating via other
Description
Endless Potential in Historic Port Hope A Contractors Dream Welcome to 244 Cavan Street, a rare find in the heart of downtown Port Hope! This 3-bedroom, 1-bath home offers a generous 1,000 sq. ft. of living space and is set on just over an acre of land. Perfect for contractors, investors, or first-time homebuyers, this property presents an incredible opportunity to customize and renovate to your own tastes. Inside, you'll find a spacious layout with great bones, anchored by a charming wood-burning fireplace the perfect centerpiece for cozy evenings. The large lot offers ample space for outdoor projects, gardening, or even future expansions, making it an ideal canvas for your creative vision. Situated in one of Port Hopes most desirable areas, you'll love being within walking distance to downtown shops, dining, and cultural attractions, all while enjoying the tranquility of a large private lot across from the Ganaraska River. This property's unbeatable location, combined with its historic charm, makes it a truly unique investment. Whether you're looking to restore the home to its former glory or transform it into something entirely new, the possibilities are endless.
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Property Summary
This detached home located at 244 Cavan Street, Port Hope is currently for sale and has been available on SousaSells for 630 days. This property is listed at $399,000 with an estimated mortgage of $1,328* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 244 Cavan Street, Port Hope is in the Port Hope neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 244 Cavan Street, Port Hope, ON L1A 3C2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Port Hope, ON
For a property listed at $399,000 in Port Hope, the legal minimum down payment is $19,950 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 $4,460 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 $4,460.
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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.