For sale

C$849,000

552 7th Ave, Hanover, ON N4N 2J7

6beds

3baths

2,200sqft

Get pre-qualified

Multi-3 Unit, Multi Family

Built in 1912

-- sqft lot

$-- Zestimate^®

C$386/sqft

C$-- HOA

What's special

Fully-renovated triplexNew windows

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.

146 days

11

1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3

Heating

Natural Gas, Radiator, Other

Cooling

None

Appliances

Included: Dryer, Refrigerator, Stove, Washer
Laundry: In-Suite

Features

Brick & Beam, None
Basement: Separate Entrance,Full,Unfinished
Has fireplace: No

Interior area

Total structure area: 2,200
Total interior livable area: 2,200 sqft
Finished area above ground: 2,200

Property

Parking

Total spaces: 8
Parking features: Outside/Surface/Open
Uncovered spaces: 8

Features

Frontage type: West
Frontage length: 66.00

Lot

Size: 9,670.32 Square Feet
Dimensions: 66 x 153
Features: Rectangular, City Lot

Details

Parcel number: 372050059
Zoning: R1A11

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi-3 Unit, Multi Family

Materials

Brick
Foundation: Stone
Roof: Asphalt Shing

Condition

100+ Years
New construction: No
Year built: 1912

Utilities & green energy

Sewer: Sewer (Municipal)
Water: Municipal

Community & HOA

Location

Region: Hanover

Financial & listing details

Price per square foot: C$386/sqft
Annual tax amount: C$4,696
Date on market: 7/21/2025
Inclusions: None
Exclusions: All Tenant Belongings.

Wesley Cressman, Salesperson

(226) 314-1600

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