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34-46 Walton St 16 Unit Apartment Building $5,450,000 CAD ($340,625 CAD/Unit) 6.02% Cap Rate Port Hope, ON L1A 1N1
Investment Highlights
- This site is situated in the heart of Port Hope’s historic charm and blends modern living with classic elegance in a highly desirable location.
- The property offers exceptional visibility and accessibility due to its high daily traffic count and strong walkability.
- This vibrant mixed-use development is strategically positioned to attract long-term residents, commercial tenants, and customers.
Executive Summary
CBRE Limited is pleased to offer a well maintained mixed-use commercial/residential building located in the Heart of Port Hope. The building features 5 commercial units and 16 residential units. Updated Environmental reports completed. The property features a surplus of on-site parking and surrounded by great national and local retailers. New commercial leasing completed. Price Offered at a 7%+ Cap Rate.
Property Facts
| Price | $5,450,000 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $340,625 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.29 AC |
| Cap Rate | 6.02% | Building Size | 23,619 SF |
| No. Units | 16 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1850 |
| Property Subtype | Apartment | Parking Ratio | 1.44/1,000 SF |
| Zoning | Com3 - commercial | ||
| Price | $5,450,000 CAD |
| Price Per Unit | $340,625 CAD |
| Sale Type | Investment |
| Cap Rate | 6.02% |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 23,619 SF |
| No. Stories | 3 |
| Year Built | 1850 |
| Parking Ratio | 1.44/1,000 SF |
| Zoning | Com3 - commercial |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Range
- Tub/Shower
- Smoke Free
Site Amenities
- 24 Hour Access
- Controlled Access
- On-Site Retail
- Smoke Free
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 15 | - | - |
| 2+1 | 1 | - | - |
1 1
Exceptionally walkable
90/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
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34-46 Walton St
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