Home buyers may be able to take advantage of the new CMHC opportunity for refinance of up to 90% of home value to create a secondary unit. Could transform to an income-generating investment ~ all at the lake's edge. Lakeview Residential House with Development Opportunity! Existing Raised Bungalow faces lake (currently Tenanted.) 2+2 BR Home well updated through PHAI remediation & rebuild including decks, mud room & fencing around large lot that is surrounded by forested area, residences & with lakeviews. An Application in Process to develop the site to add a Duplex in back to be accessed by ROW over existing driveway. Duplex will have private outdoor areas on each side. Planning Process underway: Concept Drawings, Conservation Consultation, Impact Studies, Town Planning etc. Owner to continue process but will sell at any stage in site development. Gain the benefit of the planning & development process completed by Seller or buy during the process (Price TBD based on progress at time of sale.) Location is sited on a residential street with recently renovated housing & Greenspace upgrades in process. Great investment at the lake's edge. Lovely views & nature walks at the waterfront nearby. A short stroll to boutique downtown Port Hope shops & restaurants & the Ganaraska Riverfront. VIA Commuter Train close by |
Extras: Raised Bungalow Windows. Newly built Decks, Sunroom, Mudroom, Fence. Ample living space. Big windows. Tenanted property. Added Duplex is a concept only. Application in process for Duplex but not approved yet. Studies to be completed. |
Price | $839,000 |
Taxes: | $4496.99 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 64 Alexander St , Port Hope, L1A 1B3, Ontario |
Postal Code: | L1A 1B3 |
Province/State: | Ontario |
Legal Description: | PT LT 4 N/S ALEXANDER ST, 5 N/S ALEXANDE |
Lot Size: | 73.92 x 169.19 (Feet) |
Directions/Cross Streets: | Alexander & Hayward |
Category: | Designated |
Use: | Residential |
Total Area: | 12337.00 |
Total Area Code: | Sq Ft |
Sewers: | Sanitary |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
CENTURY 21 ALL-PRO REALTY (1993) LTD. |
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Type: | Com - Land |
Area: | Northumberland |
Municipality: | Port Hope |
Neighbourhood: | Port Hope |
Lot Size: | 73.92 x 169.19(Feet) |
Tax: | $4,496.99 |