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Pemberton Holmes Ltd.

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408 Croft Street
homes for sale · Port Hope
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$495,000

408 Croft Street

Port Hope · MLS® X13512406

1 sq ft · 1 sq ft lot · Land · Vacant Land · 114 days on market

listed by NICK IGNATIOU, HOMELIFE/VISION REALTY INC.

realtor's description

An outstanding development and investment opportunity in the heart of Port Hopes growing Business Park. Welcome to 408 Croft Street East, a strategically located EMP2-zoned vacant industrial lot offering a rare blend of accessibility, exposure, and flexibility. Spanning approximately 0.75 acres, this parcel provides ample room for a wide range of commercial orlight industrial uses. The EMP2 zoning allows for numerous permitted applications, includingwarehousing, manufacturing, retail, professional offices, and mixed-use developments, ideal for businesses looking to establish or expand in one of Northumberland Countys most progressive business districts. Situated just minutes from Highway 401, this site offers exceptional transportation access for commuting, shipping, and customer traffic, while being only a six-minute drive from downtown Port Hope. The propertys convenient location ensures close proximity to local amenities, industrial suppliers, and commercial services, making it a practical and strategic choice for future development. The surrounding area features a peaceful, meadow-like setting, offering a unique balance between natural surroundings and business functionality. This setting provides excellent potential to design a workspace or commercial site that harmonizes with Port Hopes scenic landscape while maintaining strong business visibility and access. Positioned within an established and expanding employment corridor, this property represents a prime opportunity for investors, developers, or owner users seeking to capitalize on the areas continued growth. Property is being sold As-Is, Where-Is, with no representations or warranties by the Seller or Brokerage. Buyers are encouraged to conduct their own due diligence, including a review of the Municipality of Port Hopes comprehensive list of permitted uses under EMP2 zoning.

property details

type
Land, Vacant Land
living area
1 sq ft
lot
1 sq ft
parking
0
property tax
$3,574 / yr
days on market
114
MLS®
X13512406

monthly cost

$2,454/mo
Mortgage $2,157 · Tax $298

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$2,157/ monthly
loan $396,000
25-year amortization
total interest
$251,000
cash to close
$99,000
down payment; transfer tax and fees not included
total paid
$647,000

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Port HopeGoogle Maps ↗

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listed by
NICK IGNATIOU
HOMELIFE/VISION REALTY INC.
call NICK · 416-383-1828
Powered by: REALTOR.ca

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location

Port HopeGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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