310 Ridout Street, Port Hope

$599,999
310 Ridout Street

$599,999

New
10d
Detached2-Storey

310 Ridout Street, Port Hope

Total Monthly Obligation $3,246

Beds
3
Baths
3
Park
4
Sqft
2000-2500
DOM
10d
Score
25
Yield
6.8%
Cash on Cash
3.8%
Cap Rate
5.4%
5Y IRR
18.6%
10Y IRR
17.1%
Property Type-Detached
MLS® Number-X14030090
Beds-3
Bathrooms-3
Size-2000-2500 sqft
Lot Size-135.96 × 143.8 ft
Listed on site-Oct 13, 2026
Style-2-Storey
Building Type-Detached
Age-100+
Taxes-$5,406.66 (2025)
Parking-4 - None
Basement-Unfinished
Heating-Radiant (Gas)
Brokerage-The Agency
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick, Other
Roof-Shingles
Foundation-Stone
Sewer-Sewer
Possession-Flexible
Neighbourhood-Port Hope
Title-Residential Freehold

No agent assigned

Step into a piece of Port Hope history with this charming detached century home situated on one of the most sought-after streets in historic Port Hope. Set on a generous corner lot and filled with original character, this 3-bedroom, 3-bathroom home offers an exciting opportunity for buyers looking to restore, renovate and make a special property their own. The home requires repairs and improvements but with a spacious layout, 200-amp electrical service, updated plumbing and a second-floor staircase providing access to an unfinished attic, there is plenty of opportunity to reimagine the existing space and add value. Suited to a young and growing family, a mature couple seeking space and character, buyers looking for a home with a story to tell or the canvas to write their own. From the moment you arrive, there is a sense of character that simply cannot be recreated in a new build. Outside, the property offers a mature yard framed by perennial gardens and privacy hedges, with plenty of space to enjoy the established surroundings. Located just minutes from downtown Port Hope, shops, restaurants, schools and the scenic Ganaraska River, and close to the golf course and beach, the property combines the character of a century home with an exceptional location. A home of character, scale, and history, offering the rare opportunity to preserve its story while making it your own.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$479,999
Land Transfer Taxes$8,475
Legal Fees (Est.)
$
Total cash required for closing$129,975

Total Monthly Obligation

$3,246/mo
Mortgage $2,420
Monthly Loss $2,609
Principal$637
Interest$1,783
Property Tax$451
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.4%31
Cash-on-Cash
-1.9%5
5-Year IRR
14.2%66
10-Year IRR
13.9%
Returns Index
34.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$40,500/yr
NOI
$26,543/yr
Net Cash Flow
-$208/mo
Cash Margin
-6.2%1
Cash Flow Index
1.4/ 100
Risk Profile
Weight: 20%
DSCR
0.9121
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo49
Risk Index
29.2/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 310 Ridout Street

Time

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