$399,900
For sale: Vacant Land

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.
Sold data
Homes in Port Hope took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 49, across 72 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 44 days.
The median sale price was $699,950.
Homes sold for about 2.3% below asking on average, so there was room to negotiate.
About 15% of sales closed above the list price.
Around 22% of sellers reduced their price before finding a buyer.
Based on 72 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Port Hope has 3 Fraser Institute–rated schools (2 elementary and 1 secondary), averaging 4.7/10.
School ratings from the Fraser Institute's Ontario school report cards.
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