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Investment signal

$399,900

14 ALEXANDER STREET

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Beds

Baths

Sqft

Year

Type

Vacant Land

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Port Hope. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

An Exceptional Lakeview Opportunity - Ready for Your Vision. Set in a serene lakeside location, this unique, cleared building lot offers an incredible opportunity to create your dream home or explore the potential for multi-family living or rental income. Perfectly positioned within town limits, you'll enjoy both the tranquility of lake views and the convenience of nearby amenities, transit, and parks. The property has already undergone significant preparation - the former home was professionally removed at the seller's expense, and the land has been fully remediated. Located in a highly desirable neighbourhood surrounded by beautifully updated homes and greenspace, this lot is a rare find for those looking to build in a sought-after area. With services available at the lot line and R2-1 zoning, buyers have the flexibility to construct a single-family home or consider a development project with the potential for two or possibly three townhomes (subject to municipal approvals). Whether you choose to build your forever home or invest in a new development, this versatile and scenic property provides the perfect foundation to bring your vision to life. (id:65958)

Subtype
Vacant Land
Community
Port Hope
Lot dimensions
154 x 126.53 FT ; 140.96 ft x 126.53 ft x 154.00 ft
On market
Apr 20, 2026
Status changed
Apr 20, 2026
Annual tax
$4,273
Zoning
R2-1
Photos
23
MLS#
X13021290
Area
PORT_HOPE

Features and systems

Lot

Irregular lot size

Utilities

SewerElectricity
Negative cash flow ~$104/mo at these assumptions

Cash on cash

-1.56%

Cap rate

4.55%

GRM

13.9

Break-even rent

$2,510

Financing

Down payment$79,980
Loan amount$319,920
Mortgage$1,621/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$183
Insurance$80
Maintenance$333
CapEx reserve$167
Vacancy loss$120

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,621/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 20, 2026.

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