5565 5th Line, Port Hope, ON
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Rural Port Hope. Expertly crafted featuring premium stone and vinyl siding construction, this residence presents an exceptional opportunity offered at $749,000 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 80 x 245.02 ft lot
- Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 12.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Water Heater Owned
- equipped with central air central cooling and highly efficient heat pump heating via electric
Description
Open House Sunday August 17th, 1-3 P.M. Beautiful Country Bungalow. Fully renovated (2022) 4-bedroom, 2-bathroom home offers the perfect blend of modern updates and serene rural living on a private half-acre lot. Home features a gorgeous stone-accented exterior, a massive multi-level deck wrapping around the back and side, and a hot tub for year-round relaxation. Inside, the finished basement includes a cozy rec room with a wood stove, and home is equipped with a 3-ton heat pump and brand-new 200-amp hydro service (2024), keeping utility costs impressively low, just $3,000 for the house, shop, and hot tub in 2024. Detached workshop, built in 2020, boasts a 12' ceiling height, three man-doors, a 10'x12' overhead door, 5 large windows, and keyless entry, plus a 100-amp hydro service, perfect for trades, hobbies, or extra storage. Located in a family-friendly neighbourhood just minutes from the 401, 407, and 115, and close to Ganaraska Forest, Rice Lake, and Brimacombe Ski Hill, home offers privacy on a quiet country road. Annual property taxes are just $3,271, making this a very affordable country living option. Very motivated seller has already purchased another property and priced this one to sell quickly, making this a rare opportunity to own a turnkey country retreat. Offers anytime. Pre-list home inspection available upon request.
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Property Summary
This detached home located at 5565 5th Line, Port Hope is currently for sale and has been available on SousaSells for 343 days. This property is listed at $749,000 with an estimated mortgage of $2,493* per month. It has 4 beds, 2 bathrooms, and is 700-1100 square feet. 5565 5th Line, Port Hope is in the Rural Port Hope neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 5565 5th Line, Port Hope, ON L1A 3V8
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 $749,000 in Port Hope, the legal minimum down payment is $49,900 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 $11,455 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 $11,455.
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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.