49 Wellington Street, Port Hope, is a 50-unit multifamily property offering investors a rare combination of stable income, significant value-add potential, and sustainability. The property features some of the largest units in Port Hope, with one-bedroom units approximately 816 square feet, two-bedroom units approximately 1,063 square feet, and three-bedroom units approximately 1,302 square feet. The spacious layouts provide a competitive advantage in the Port Hope market. The property features a strong unit mix and multiple revenue streams, including an on-site laundry facility and an antenna lease, generating an estimated Year 1 NOI of $723,598. The vendor has intentionally left three units vacant to provide a purchaser with immediate upside potential. The property’s rents are currently 59% below market, presenting a clear path for growth. Originally built in 1968, the property spans 1.37 acres with 265 feet of frontage and has been meticulously maintained, with extensive energy-efficient upgrades, including modern windows, high-efficiency boilers, and water-saving fixtures. These improvements enhance tenant appeal while reducing operating costs. With a blend of strong in-place income, clear rental upside, and sustainability-driven cost savings, 49 Wellington Street presents a compelling opportunity to acquire a well-maintained, value-add multifamily asset in a thriving rental market.