Golf course condo with loft suite in Port Hope

Property details for 1 Potts Lane, Port Hope

Type: Residential
Bedrooms: 3
Bathrooms: 3
Lot Size: 41.5 x 77.5 FT
Stories: 1.5
Basement: Unfinished, Full
Parking: Attached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick Facing
Ownership: Freehold
Annual Taxes: $8,677
Condo Fee: $406 / Monthly

This 2-storey freehold townhouse in Port Hope is basically a golf course condo without the condo rules. It's the Signor Farini model at 1 Potts Lane, steps from the Port Hope Golf and Country Club and a short walk to the lake. The main floor has a great room with a gas fireplace and hardwood floors, plus a kitchen and eating area that open to the backyard. The composite deck is new (2024) and great for summer BBQs. Upstairs, there's a primary bedroom with its own bath, another bedroom, and a loft suite overlooking the great room. That loft has a sitting area, a bedroom, and another bathroom. It's a bit like having a private guest suite. There's also a main floor laundry and a full basement that's unfinished, ready for you to make into whatever you want. Three full baths total, three bedrooms, and about 1,800 square feet of living space. The attached garage fits two cars, plus you have two spots in the driveway. It's priced at $785,000, which sits below the $889,900 median for nearby listings. Just 4 homes sold in the last month in this area, so it's a bit slow, but this one has a great location score and a strong features score of 8 out of 10. A POTL fee of $406 per month covers exterior maintenance and snow removal. The basement is a blank canvas, the loft is a great flex space, and you're minutes from the Capitol Theatre and Trinity College School.

About 1 Potts Lane, Port Hope — Property Score

Feature Rich Great Location

Score: 63/100

Value

Priced 0.5% below area median of $789,000 based on 55 comparable properties nearby 71

Stable pricing - no price changes since original listing date 50

Size

3 bedrooms - typical for similarly priced homes 60

3 bathrooms - 1 more than similarly priced properties nearby 72

3,216 sqft lot - a compact lot for the area 55

Location

$80K median household income - above the Canadian average of $70K 70

86% of residents hold postsecondary credentials - a highly educated neighbourhood 93

94% homeownership rate - indicating a stable, owner-occupied community 95

49% of residents commute under 30 minutes - good commuting convenience 69

697/km² population density - a low-density residential area 65

Market

Just listed - area average is 9 days on market 78

-13.7% median price change over 1 month - declining prices in the area 1

69 months of housing supply - 69 active listings with 1 sold last month (buyer's market) 40

Features

4-car garage - area average is 6 spots 95

Unfinished, Full basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

1.11% effective tax rate ($8,676/yr) - moderate tax burden 67

6% renter population - primarily owner-occupied area 37

Quality

Condition

Listing

50 photos provided - 32% more than the area average of 38 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.