42 Hope Street, Port Hope, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Port Hope. Expertly crafted featuring premium metal/steel siding construction, this residence presents an exceptional opportunity offered at $525,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a spacious lot (Feet)
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 42 Hope Street North in Port Hope, a beautifully renovated 1.5 storey home that blends character, comfort, and modern updates in a location that puts downtown, parks, and the river just steps away. Thoughtfully updated throughout, this move in ready home is ideal for first time buyers looking for stylish living without the stress of major renovations. The bright open concept main floor features updated engineered hardwood flooring throughout, a beautifully renovated kitchen and bathroom, and a functional layout designed for everyday living and entertaining alike. An additional flex space on the main floor offers the perfect opportunity for a mudroom, home office, reading nook, or extra storage, adding versatility to the home's already thoughtful design. Upstairs, you'll find two comfortable bedrooms filled with natural light and warmth. Outside, the oversized backyard creates an inviting extension of the living space. With approximately 70 feet depth of backyard and a desirable western exposure, the property is perfectly suited for enjoying afternoon sun and evening sunsets. The backyard is divided into two functional sections, including a fenced rear area complete with a gazebo, fire pit area, mature tree, and garden shed ideal for relaxing, entertaining, or simply enjoying the outdoors. Practical upgrades provide peace of mind, including a new roof, furnace, central air conditioning, updated electrical, and new panel which were all completed in 2022. With parking for three vehicles, convenient access to the 401, and walking distance to downtown, the river, and nearby parks, this home offers an exceptional opportunity to enjoy updated living in one of Port Hope's charming and walkable neighbourhoods.
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Property Summary
This detached home located at 42 Hope Street, Port Hope is currently for sale and has been available on SousaSells for 11 days. This property is listed at $525,000 with an estimated mortgage of $1,748* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 42 Hope Street, Port Hope is in the Port Hope neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Port Hope, Port Hope.
- •2 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •700-1100 sqft of generous functional square footage
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Carpet Free
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 42 Hope Street, Port Hope, ON
Q.What is the asking price for 42 Hope Street, Port Hope, ON ?
The current listing price for 42 Hope Street, Port Hope, ON in Port Hope, Port Hope is $525,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 1 bathroom across approximately 700-1100 sqft.
Q.What property type and architectural style is 42 Hope Street, Port Hope, ON ?
42 Hope Street, Port Hope, ON is a Detached (1 1/2 Storey) featuring a Full, Unfinished basement.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free.
Q.Is parking available at this property?
Yes, this property offers parking space for 3.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Data-driven valuation for 42 Hope Street N, Port Hope, ON L1A 2N5
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About Purchasing a Home in Port Hope, ON
For a property listed at $525,000 in Port Hope, the legal minimum down payment is $27,500 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 $6,975 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 $6,975.
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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.