$495,000
408 CROFT STREET
Beds
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Baths
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Sqft
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Year
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Type
Vacant Land
Suite
Investment signal
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 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 or light industrial uses. The EMP2 zoning allows for numerous permitted applications, including warehousing, 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 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. (id:65958)
- Subtype
- Vacant Land
- Community
- Port Hope
- Living area
- 351,872 square feet
- Lot dimensions
- 175 x 180 FT
- On market
- Apr 23, 2026
- Status changed
- Apr 27, 2026
- Annual tax
- $3,573.89
- Zoning
- INDUSTRIAL VACANT LAND
- Photos
- 9
- MLS#
- X13038252
- Area
- PORT_HOPE
Cash on cash
-7.04%
Cap rate
3.46%
GRM
16.7
Break-even rent
$3,086
Financing
Operating expenses (monthly)
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
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 27, 2026.