A well maintained mixed-use commercial/residential building located in the heart of downtown Port Hope. This building features 5 commercial units and 16 residential units. Updated environmental reports completed. The property features a surplus of on-site parking and is surrounded by great national and local retailers. New commercial leasing has been completed. Price offered represents a 6.3% Cap rate. The NOI has improved with a new commercial lease in place. The vendor is pleased to offer a Vendor Take-Back mortgage.
34-46 Walton Street
Port Hope, Port Hope, Northumberland $5,450,000Make an offer
Outside/Surface
Garage
Zoning: Mixed Use
- MLS®#:
- X12836338
- Property Type:
- Investment
- Property Style:
- Area:
- Northumberland
- Community:
- Port Hope
- Taxes:
- $62,652 / 2025
- Added:
- March 02 2026
- Lot Frontage:
- 0
- Lot Depth:
- 0
- Status:
- Active
- Outside:
- Year Built:
- Brokerage:
- CBRE LIMITED
- Intersection:
- Ontario St/Walton St/Mill St N
- Rooms:
- Bedrooms:
- Bathrooms:
- Fireplace:
- Utilities
- Water:
- Municipal
- Cooling:
- Yes
- Heating Type:
- Gas Forced Air Closed
- Heating Fuel:
Listing Details
Insights
- **Strong Income Potential**: The property boasts a 6.3% Cap rate, indicating a solid return on investment, especially with the improved Net Operating Income (NOI) due to a new commercial lease.
- **Ample On-Site Parking**: The surplus of on-site parking enhances the property's appeal for both commercial and residential tenants, making it more attractive to potential renters and customers.
- **Prime Location**: Situated in the heart of downtown Port Hope, the property is surrounded by national and local retailers, ensuring high foot traffic and visibility for commercial units.
Neighborhood Overview
Complete neighborhood profile for 34-46 Walton Street
Port Hope home prices
Average sold price for Detached, Semi-Detached, Condo, Townhomes in Port Hope
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)
