87 Hope Street, Port Hope, ON
Property Highlights
Welcome to this remarkable Bungaloft detached located in the coveted neighborhood of Port Hope. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $699,000 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 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 58.01 x 194.61 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 7.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Accessory Apartment, Carpet Free, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
A circa 1853 Ontario Cottage on a deep lot with fabulous gardens. A welcoming front porch entrance to the house leads to an excellent floor plan with a large open living and dining room and then to a big bright updated kitchen. 2 nice sized bedrooms, high ceilings, newer windows and doors and a stairway to 2 loft rooms. A clean, dry basement with new furnace in 2022 and a detached garage added in 2013. A bonus 1 bedroom fully self contained apartment was added in 2017 with hot water radiant heat and 2 heat/A/C pumps, currently tenanted. A well maintained home with consistent updates almost every year for the past 19 years. A lovely comfortable home perfect for retirees or a young family who appreciate the income from the separate apartment.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, School Bus Route
Interior Features
Accessory Apartment, Carpet Free, Primary Bedroom - Main Floor, Water Heater Owned, Central Vacuum
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Community Features
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 87 Hope Street N, Port Hope, ON L1A 2N8
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About Purchasing a Home in Port Hope, ON
For a property listed at $699,000 in Port Hope, the legal minimum down payment is $44,900 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 $10,455 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 $10,455.
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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.