Court-appointed receivership of a high-quality medical building in the growing city of Port Hope, Ontario. The building is currently about 61%leased, which offers an investor or end user with substantial upside. While the current In-place NOI is about $18,000, the fully stabilized buildingis projected to be $450,000.
- MLS®#:
- X12732668
- Property Type:
- Office
- Property Style:
- Area:
- Northumberland
- Community:
- Port Hope
- Taxes:
- $209,328 / 2025
- Added:
- January 27 2026
- Lot Frontage:
- 381.76
- Lot Depth:
- 437.19
- Status:
- Active
- Outside:
- Year Built:
- Brokerage:
- PERISCOPE REALTY INC.
- Lot :
-
437
381
BIG LOT
- Intersection:
- Ontario St / Oxford St
- Rooms:
- Bedrooms:
- Bathrooms:
- Fireplace:
- Utilities
- Water:
- Municipal
- Cooling:
- Yes
- Heating Type:
- Gas Forced Air Closed
- Heating Fuel:
Listing Details
Insights
- High-Quality Medical Building: This property is a modern medical facility built in 2025, ensuring that it meets current standards and regulations, which is attractive for healthcare providers and investors alike.
- Substantial Upside Potential: With the building currently 61% leased, there is significant opportunity for increased rental income as occupancy improves, potentially boosting the in-place NOI from $18,000 to a projected $450,000 when fully stabilized.
- Strategic Location in Growing Community: Located in Port Hope, Ontario, a city experiencing growth, this property benefits from increasing demand for medical services, making it a strategic investment for future appreciation and tenant stability.
Neighborhood Overview
Complete neighborhood profile for 249 Ontario Street
Port Hope home prices
Average sold price for Detached, Semi-Detached, Condo, Townhomes in Port Hope
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)
