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$599,000
Port Hope
71 Sherbourne Street, Port Hope, Ontario, L1A1H3
This 4-bedroom, 1-bathroom home in Port Hope is for sale offering roughly 1,750 sq ft of space. Listed at $599,000, it is attractively priced about 22% below the $769,900 median asking price in Port Hope. It has been on the market 50 days, fresher than the Port Hope average of 88 days.
Discover this beautifully located Victorian Ontario cottage, circa 1860, proudly positioned on one of the highest points of land in town. Offered to the market for the first time, this historic gem presents a rare opportunity to acquire a property of such character, provenance, and potential.Offering exceptional structural integrity and "great bones," this is one of the very few remaining historic homes in town awaiting a thoughtful 21st-century update. Soaring ceilings and spacious principal rooms create an elegant envelope filled with authentic period charm and architectural character. The home features four bedrooms, including the highly desirable convenience of two main-floor bedrooms. A secondary-storey addition, completed years ago, provides two additional bedrooms. Nestled in the sought-after West Englishtown area and surrounded by a stunning collection of period homes, the property enjoys a wonderful sense of place within one of the town's most distinctive historic neighbourhoods. A detached garage at the rear of the property adds valuable parking and storage. A rare offering for the vintage-property enthusiast, this remarkable home is a wonderful canvas for custom finishing touches-an opportunity to thoughtfully preserve its historic character while bringing it into the modern era. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 50 days on market, against an average age of 88 days across the listings currently for sale in this city
This 4-bed single family in Port Hope has been listed for 50 days, which is 38 days fresher than the city average of 88. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $599,000, about 7.0× the local median household income of $86,000.
Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 36% above the area median.
Source: Statistics Canada, 2021 Census (FSA L1A)
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Loading rates, 30-yr amortization
Cash Needed to Close
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