Cheapest property in the area in over 6 years! Buy a reno-ready house for the price of a vacant lot! This is an incredible opportunity in the heart of Port Hope. Just steps from downtown, the waterfront, public parks, and schools, this detached home is a blank canvas waiting for your creativity. The property has already been fully gutted down to the studs, with architectural drawings and conditional building permit approval—allowing you to start work immediately and minimize carrying costs. This project has major upside.
Buy for $299k, renovate, and sell in the $600s!
SUMMARY:
– LOCATION: Port Hope, ON (Walton St & Pine St N)
– PURCHASE PRICE: $299,900 Or Best Offer
– AFTER REPAIR VALUE: There are lots of renovated AND unrenovated properties selling in the $550k-$650k range.
– CLOSING: April 22, 2025 (Some flexibility is ok. This is an assignment sale.)
– TYPE: 1 ¾ Storey Detached
– BEDS/BATHS: 3 Beds/2 Baths
– PARKING: 1 driveway space, but ample street parking (dead end road)
– BASEMENT: Unfinished (dirt floor) but strong ceiling height
– SQFT: 1,523
– LOT: 66’ x 70’
– AGE: 1870
– PROPERTY TAX: $2,926 (2024)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– This property has been fully gutted down to the studs – ready for a fresh start. Architectural drawings and conditional building permit approval are in place.
– Some junk and furniture removal.
– Please view the pictures for ideas on what you’d like to renovate.
GOOD NEWS:
-Amazing location—steps to downtown, the waterfront, and schools
-Huge upside potential with permit-ready plans
-Basement ceiling height allows for additional living space or possible rental conversion
-Detached home at an entry-level price point for the area
-Comparable vacant lots are selling around this price!
LISTING ID: 0325-POR-F01
Please let us know if you want to view it or if you want the info package. (Comparable solds, MPAC info, and more…)
Thank you,
Aaron Moore, Tomomi Wang, Josea Dussard & Randall Reashore
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
PS. PUSH HERE to get immediate access to these discounted deals as soon as they are available.