| Motivated Seller; This exceptional mixed-use property offers a potential cap rate of 7-8%, making it a prime investment opportunity. The ground floor features a spacious 2,183 sq. ft. commercial unit with a basement, currently vacant and suitable for a wide range of uses, including restaurants, medical or dental practices, and more.The residential units have been recently renovated and are tenant-occupied on a month-to-month basis, providing flexibility for new owners. Additionally, free public parking is conveniently located just 100 meters from the building.Whether youre an investor seeking a high-yield property or a business owner looking for the perfect location with the option to live on-site, this property checks all the boxes. Dont miss out on this incredible opportunity! |
| Price | $1,100,000 |
| Taxes: | $11583.05 |
| Tax Type: | Annual |
| Occupancy: | Owner+T |
| Address: | 104-106 Walton Street , Port Hope, L1A 1N3, Northumberland |
| Postal Code: | L1A 1N3 |
| Province/State: | Northumberland |
| Lot Size: | 21.00 x 120.00 (Feet) |
| Directions/Cross Streets: | Walton St./ Ontario St. |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Multi-Use |
| Building Percentage: | F |
| Total Area: | 5258.00 |
| Total Area Code: | Square Feet |
| Retail Area: | 2183 |
| Retail Area Code: | Sq Ft |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| FOREST HILL REAL ESTATE INC. |
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| Book Showing | Email a Friend |
| Type: | Com - Commercial Retail |
| Area: | Northumberland |
| Municipality: | Port Hope |
| Neighbourhood: | Port Hope |
| Lot Size: | 21.00 x 120.00(Feet) |
| Tax: | $11,583.05 |
| Fireplace: | N |