Business For Sale · Multifamily

134-136 WALTON STREET, Port Hope

134-136 WALTON STREET, Port Hope, ON L1A1N5

$975,000 total

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Asset Class

Multifamily

Size

—

Building class

C

Zoning

RA8 — Medium Rise

$ / SF

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Occupancy

95%

Lot Size

0.199 ac

About this property

A rare opportunity to own a remarkable piece of Port Hope history in the heart of the downtown heritage district. This distinctive Greek Revival commercial duplex combines timeless architectural character with exceptional versatility and income potential, offering three separate spaces within one extraordinary property.The main residence overflows with original details, including beautiful wood flooring, fireplaces, high ceilings, and floor-to-ceiling built-in shelving. The spacious main level features a living room, dining room, sitting room, and library, while the kitchen offers a walkout for easy outdoor access. Upstairs, four bedrooms and additional office spaces provide plenty of room for family living or working from home. The third floor adds another layer of character with exposed brick, vaulted ceilings, and a private retreat.The main floor commercial space is bright and inviting, with a flexible layout well suited to a variety of business uses. Above it, a comfortable one-bedroom apartment provides additional rental potential.Set in the centre of downtown Port Hope, the property is surrounded by the shops, restaurants, amenities, and charm that make this historic community so desirable. Ample parking adds convenience for residents, tenants, clients, and guests, while easy access to the 401 makes commuting simple.Properties offering this combination of heritage character, downtown location, multiple uses, and income potential are rarely available. A truly unique opportunity to become part of Port Hope's architectural history while investing in its future. (id:66811)

Financial sandbox

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Estimate
Purchase price$975K
Down payment30% · $293K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$42K

Annual cash flow

$-12K

Cash-on-cash

-4.01%

DSCR

0.78

Going-in cap

4.34%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

72,661

Households

26,231

Median income

$129,000

Median age

37

Daytime population

99,916

5-yr growth

1.8%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 134-136 WALTON STREET, Port Hope.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.