$1,375,000

For sale

4496 County Road 2, Port Hope - Single Family for Sale

4496 County Road 2, Port Hope, Ontario, L1A3V5

5 beds7 baths12 parking4,250 ft²267 × 401 ft (2.46 acres) lot sizeListed 45 days ago

Overview

This 5-bedroom, 7-bathroom home in Port Hope is for sale offering roughly 4,250 sq ft of space. It has been on the market 45 days, fresher than the Port Hope average of 87 days.

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Description

Located in Welcome, this well maintained and spacious bungalow has lots to offer. Many features that include 5 bedrooms all with ensuites, large living room, dining area and chef style kitchen complete with 6 burner gas stovetop and built in oven, home office area and an enclosed sun porch. Other features include 22kw Generac backup Generator, Napoleon Hi-efficiency gas furnace and an updated 400 amp electrical service. Property is zoned Commercial and is designated as a single family residence ( MPAC ). Property taxes are residential rates. Excellent opportunity for Buyer to operate a home based business. Buyer to do due diligence regarding intended use of property. (id:66096)

Property Details

MLS®: X13812550
Property Type: Single Family
Zoning: Rural Commercial
Bedrooms: 5
Beds (above / below): 5 above · 0 below
Bathrooms: 7
Half Baths: 1
Parking: 12
Interior Size: 4,250 ft²
Lot Size: 267 × 401 ft (2.46 acres)
Frontage: 267 ft
Storeys: 1
Style: Bungalow
Basement: Unfinished, Partial, Crawl space, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage

Rooms

Main level

Living room: 8.15 x 8.01 meters
Bathroom: 2.36 x 1.53 meters
Bedroom 5: 5.89 x 3.58 meters
Bathroom: 1.93 x 1.52 meters
Office: 5.89 x 3.58 meters
Bathroom: 1.83 x 1.52 meters
Laundry room: 2.4 x 2.21 meters
Bathroom: 1.93 x 1.77 meters
Dining room: 7.9 x 4.77 meters
Kitchen: 5.8 x 5.33 meters
Primary Bedroom: 6.5 x 5.03 meters

Features

Appliances: Washer, Refrigerator, Central Vacuum, Gas stove(s), Dishwasher, Range, Oven, Dryer, Compactor, Garburator, Oven - Built-In, Window Coverings, Water Heater
Foundation: Block
Exterior: Stucco, Vinyl siding
Lot Features: Level lot, Flat site, Trash compactor, Carpet Free, Country residential

Services

Water: Municipal water
Sewer: Septic System
Utilities: Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

45d

Port Hope listings, avg age

87d

Price / ft²

$324

List price

$1.38M

Haho

This 5-bed single family in Port Hope has been listed for 45 days, which is 42 days fresher than the city average of 87. Act while there is still low competition.

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Listed by Royal Service Real Estate Inc. · Lindsay Martin

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L1A)

This home lists at $1,375,000, about 16.0× the local median household income of $86,000.

Carrying it typically needs a household income of about $268,586 (20% down, 25-yr amortization, stress-tested) — roughly 212% above the area median.

Median household income: $86,000
Population: 15,845
Median age: 51.2
Owner / renter: 77% / 23%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA L1A)

$1,375,000· $324/ft²

For sale

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Full Cost Breakdown

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Down Payment8.18% · $112,500

Min 8.18%50%

Mortgage payment$7,000/mo

↳ CMHC premium ($50,500 capitalized)

Property tax (est.)$601/mo

Total monthly$7,600

Cash Needed to Close

Down payment (8.18%)$112,500

Land transfer tax$23,975

Est. closing costs$6,625

Total cash needed$143,100

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