4 - 31 MILL STREET N, Port Hope4 - 31 MILL STREET N, Port Hope — photo 24 - 31 MILL STREET N, Port Hope — photo 34 - 31 MILL STREET N, Port Hope — photo 44 - 31 MILL STREET N, Port Hope — photo 54 - 31 MILL STREET N, Port Hope — photo 64 - 31 MILL STREET N, Port Hope — photo 74 - 31 MILL STREET N, Port Hope — photo 84 - 31 MILL STREET N, Port Hope — photo 94 - 31 MILL STREET N, Port Hope — photo 104 - 31 MILL STREET N, Port Hope — photo 11
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For Sale · Multifamily

4 - 31 MILL STREET N, Port Hope

4 - 31 MILL STREET N, Port Hope, ON L1A2T1

Price on request

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Asset Class

Multifamily

Size

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Building class

C

Zoning

RA9 — High Rise

$ / SF

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Occupancy

90%

About this property

Trade the daily drive for a walkable Port Hope lifestyle in this inviting two-bedroom, one-bathroom apartment for rent, where historic streets, green space, dining, and practical amenities are all close enough to make leaving the car feel delightfully optional.Set within a quiet building, this second floor apartment offers a comfortable home base for professionals, couples, roommates, or anyone who values convenience without the bustle. The two bedrooms allow plenty of flexibility: one can serve as a restful primary retreat, while the other is ready for a guest room, office, creative space, or the noble purpose of storing everything you swore you would organize. A full bathroom completes the straightforward, functional layout. Port Hope's historic downtown invites leisurely strolls to independent shops, local entertainment, and inviting restaurants. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$76K

Annual cash flow

$-7K

Cash-on-cash

-1.54%

DSCR

0.92

Going-in cap

5.08%

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

129,298

Households

51,358

Median income

$115,000

Median age

33.4

Daytime population

157,501

5-yr growth

2.5%

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

Secure deal room

Confidential diligence documents for 4 - 31 MILL STREET N, 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.