408 Croft Street, Port Hope, ON

$495,000
MLS#:X13038252
0 beds
0 baths
Commercial
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Property Highlights

Welcome to this remarkable land 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 $495,000 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 175 x 180 ft lot size

Description

An outstanding development and investment opportunity in the heart of Port Hopes growing Business Park. Welcome to 408 Croft Street East, a strategically located EMP2-zoned vacant industrial lot offering a rare blend of accessibility, exposure, and flexibility. Spanning approximately 0.75 acres, this parcel provides ample room for a wide range of commercial or light industrial uses. The EMP2 zoning allows for numerous permitted applications, including warehousing, manufacturing, retail, professional offices, and mixed-use developments, ideal for businesses looking to establish or expand in one of Northumberland Countys most progressive business districts. Situated just minutes from Highway 401, this site offers exceptional transportation access for commuting, shipping, and customer traffic, while being only a six-minute drive from downtown Port Hope. The propertys convenient location ensures close proximity to local amenities, industrial suppliers, and commercial services, making it a commercial site that harmonizes with Port Hopes scenic landscape while maintaining strong business visibility and access. Positioned within an established and expanding employment corridor, this property represents a prime opportunity for investors, developers, or owner users seeking to capitalize on the areas continued growth. Property is being sold As-Is, Where-Is, with no representations or warranties by the Seller or Brokerage. Buyers are encouraged to conduct their own due diligence, including a review of the Municipality of Port Hopes comprehensive list of permitted uses under EMP2 zoning.

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Key Features

Property Type
Commercial

Additional Details

StatusActive
Listed Date4/22/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeLand
Lot Size175 × 180 Feet
CountyNorthumberland
Annual Tax$3,573.89
Legal DescriptionPT LT 2 CON 1 HOPE PT 1 9R2358 & PT 1 9R1962; MUNICIPALITY OF PORT HOPE

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Features

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Location

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408 Croft Street, Port Hope, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 408 Croft Street, Port Hope, ON L1A 4H1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Port Hope.

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Interest Rate5.25%
Down Payment$24,750 (5.0%)
* Minimum Canadian down payment required for this price is $24,750.
Amortization Period25 Years
Estimated Monthly Payment$2,802Based on a loan of $470,250 over 25 years.
Purchase Price$495,000
Loan Amount$470,250
Provincial Land Transfer Tax:$6,375
Total Estimated Closing Taxes:$6,375

About Purchasing a Home in Port Hope, ON

For a property listed at $495,000 in Port Hope, the legal minimum down payment is $24,750 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 $6,375 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 $6,375.

Nearby Listings

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No current listings found in Port Hope.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Port Hope, Port Hope.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$788,736

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Beatrice Strong
Public90 Rose Glen Road North, Port Hope, Ontario, L1A 3V6
4.7

Secondary Schools

Port Hope
Public130 Highland Drive, Port Hope, Ontario, L1A 2A3
5.6

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.