552 7th AVE, Hanover, ON N4N 2J7
552 7th AVE, Hanover, ON N4N 2J7
552 7th AVE, Hanover, ON N4N 2J7
552 7th AVE, Hanover, ON N4N 2J7
552 7th AVE, Hanover, ON N4N 2J7
552 7th AVE, Hanover, ON N4N 2J7
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Tony & Ledi Real Estate Team

Tony & Ledi Real Estate Team

+1(647) 493-3579
$ 849,000
Est. payment | /mo

6 Beds

3 Baths


Save
$ 849,000
Est. payment | /mo
Save

6 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Hanover

MLS Listing ID X12298874

Style 2-Storey

Bedrooms 6

Annual Tax Amount $4,696

Tax Year 2024

Property Sub-Type Triplex

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 County

Area Grey County

Zoning R1A11

Rooms

Family Room No

Basement Unfinished

Kitchen 3

Interior

Interior Features Separate Heating Controls, Separate Hydro Meter

Cooling Wall Unit(s)

Fireplaces Number 2

Fireplaces Type Fireplace Insert, Natural Gas

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 66.0

Lot Depth 153.19

Total Parking Spaces 8

Building

Foundation Concrete

Others

Senior Community No

Security Features Carbon Monoxide Detectors

ParcelsYN No

Listed by Trilliumwest Real Estate Brokerage

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552 7th AVE