ON > Hanover
Hanover, ON N4N 2J7,552 7th Avenue
Hanover, ON N4N 2J7,552 7th Avenue
Hanover, ON N4N 2J7,552 7th Avenue
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$849,000
Est. payment /mo
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6 Beds
3 Baths
2,200 SqFt
Active

552 7th Avenue Hanover, ON N4N 2J7

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Gaby Leveille

Gaby Leveille

+1(905) 902-2284

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-3 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 2,200 sqft

Price per Sqft $385

MLS Listing ID 40748580

Bedrooms 6

Abv Grd Liv Area 2,200

Year Built 1912

Annual Tax Amount $4,696

Lot Size 9,670 Sqft

Acres 0.222

Property Sub-Type Multi-3 Unit

Source Cornerstone

Property Description

Amazing investment opportunity. A fully-renovated triplex, offering a total of 3 units, each with 2 bedrooms and 1 bathroom, spanning 2200 SQFT. This property is not only occupied at market rents per unit but also comes with approved site plans to add 3 more units, doubling the income potential. Additional features include separate meters for each unit, fully renovated with new windows in the existing triplex. Building plans, permits, and a detailed proforma are readily available. This is a prime investment opportunity for both new and seasoned investors, with all the groundwork already laid out. 2021 narrative appraisal completed for potential 3 unit addition available upon request.

Location

Province ON

County Grey

Area Hanover

Zoning R1A11

Direction Bruce rd 10 and 13th St

Rooms

Basement Separate Entrance, Full, Unfinished

Kitchen 0

Interior

Interior Features Brick & Beam, None

Heating Natural Gas, Radiator, Other

Cooling None

Fireplace No

Appliance Dryer, Refrigerator, Stove, Washer

Laundry In-Suite

Exterior

Roof Type Asphalt Shing

Lot Frontage 66.0

Lot Depth 153.0

Garage No

Building

Lot Description Rectangular, City Lot

Faces Bruce rd 10 and 13th St

Story 2

Foundation Stone

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 372050059

Ownership Freehold/None

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Gaby Leveille

Gaby Leveille

Broker | License ID: 4740099

+1(905) 902-2284

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552 7th Avenue