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34-46 Walton St

16 Unit Apartment Building $5,790,000 CAD ($361,875 CAD/Unit) 7.30% Cap Rate Port Hope, ON L1A 1N1

Investment Highlights

  • Retail amenities nearby
  • High exposure location
  • Heavy daytime foot traffic area
  • Access to highway
  • Heavy commercialized area

Executive Summary

20 Res units + 7 Com units. 7.2% cap rate with full expenses including prop mng. R&M, vacancy and super. 34-46 Walton St Must be purchased with 56-60 Walton . Please see MLS X9282706. 56-60 Walton has 4 Res + 2 Com. 34-46 has 16 Res + 5 Com units. Please note, expenses reflect 34-46 Walton St. and 56-60 Walton St. Sold together. Located in Vibrant downtown Port Hope. Continued population growth and an exciting revitalization of downtown. Excellent foot traffic for commercial space.

Property Facts

Price $5,790,000 CAD
Price Per Unit $361,875 CAD
Sale Type Investment
Cap Rate 7.30%
No. Units 16
Property Type Multifamily
Property Subtype Apartment
Building Class B
Lot Size 0.29 AC
Building Size 23,619 SF
No. Stories 3
Year Built 1850

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 15 - -
2+1 1 - -
Walk Score ®
Very Walkable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code C3
C3
  • Listing ID: 33192497

  • Date on Market: 2024-09-16

  • Last Updated:

  • Address: 34-46 Walton St, Port Hope, ON L1A 1N1

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