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Welcome to this remarkable 1 1/2 Storey duplex located in the coveted neighborhood of Port Hope. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $497,500 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Step back in time with this legal duplex, built in 1880, nestled in the heart of picturesque Port Hope. Brimming with potential, this historic home features original details; including trim work, baseboards, a beautiful bay window and a statement fireplace- all waiting to be lovingly revitalized. The property offers two distinct units: a three-bedroom, one-bath layout with a newly built deck and fenced yard, ideal for outdoor gatherings and relaxation, and a two-bedroom, one-bath unit, complete with its own private fenced yard for added privacy and charm. Set on a generous lot, the home boasts a waterproofed basement, providing a solid foundation for future renovations and peace of mind. The stately trim over the front door hints at the properties historic grandeur, and original wood siding hiding under the vinyl, this home's exterior is just waiting for you to bring it back to life. Located in the vibrant community of Port Hope, renowned for its historic downtown, thriving arts scene, cultural festivals, and natural beauty, this property is perfect for investors, multi-generational families, or those seeking a home with income potential. Whether you're looking to live in one unit while renting out the other or restore the entire property into a masterpiece of historic charm and modern comfort, this home offers an unparalleled opportunity to create something truly special. Opportunities like this are rare; don't miss your chance to craft a future full of potential! **EXTRAS** Newer fence for both units (2021), newer deck on one side (2021), waterproofing in basement (2020), french drain along back of house (2020), ESA inspection and updates (2024)
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Beach, Lake/Pond, Library, Marina
Separate Heating Controls, Separate Hydro Meter, None
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 36-38 Smith Street, Port Hope, ON L1A 3A4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Port Hope.
About Purchasing a Home in Port Hope, ON
For a property listed at $497,500 in Port Hope, the legal minimum down payment is $24,875 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,425 for this transaction. As this listing is in Port Hope (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,425.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.