Unlock the potential of this legal 4-plex, offering over 3,500 sq. ft. (MPAC) of rentable space in a high-demand location. Featuring two spacious two-bedroom units and two one-bedroom units, each self-contained, this property provides immediate income-generating potential. Tenants are vacating and the building could use some renovations, presenting a clear value-add opportunity for savvy investors willing to renovate and maximize returns. Located in historic downtown Port Hope, tenants benefit from walkable access to amenities, shops, cafes, and public transit, including VIA Rail and Highway 401ideal for attracting a broad tenant base. The property includes a rear addition overlooking a peaceful ravine, adding appeal to attract quality tenants. Whether you're expanding your portfolio or seeking a repositioning project, this property's size, location, and configuration make it a rare find. With strong rental demand in one of Ontario's most desirable small towns, this is a smart investment ready for its next chapter. **EXTRAS** With renovations of kitchens, bathrooms and flooring this building has significant potential for high rents and low expenses, an investment with this type of opportunity is a rare find. There is rough-in for laundry in the utility room.
For sale
C$650,000
221 Walton St, Pt Hope, ON L1A 1P1
6beds
4baths
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
- 132 days
- on Zillow |
- 32 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: April 08, 2025 at 12:14pm
Listed by:
RE/MAX JAZZ INC.
Source: TRREB,MLS®#: X11893749
Originating MLS®#: Central Lakes Association of REALTORS

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Radiant, Gas
Cooling
- None
Features
- Primary Bedroom - Main Floor, Separate Hydro Meter
- Basement: Unfinished
- Has fireplace: No
Interior area
- Living area range: 3500-5000 null
Property
Parking
- Parking features: None
Features
- Stories: 2
- Pool features: None
Lot
- Features: Park, Place Of Worship, Public Transit, School Bus Route, Wooded/Treed, Irregular Lot
Details
- Additional structures: Garden Shed
- Parcel number: 510710405
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Stone
- Roof: Asphalt Shingle
Utilities & green energy
- Sewer: Sewer
Community & HOA
Location
- Region: Pt Hope
Financial & listing details
- Annual tax amount: C$6,522
- Date on market: 12/16/2024
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