477 12TH AVENUE, Hanover, Ontario, N4N2V1

Property Description

Versatile Opportunity in Hanover! This immaculate property offers a rare combination of commercial and residential space on a fully fenced 83' x 132' lot. Zoned for mixed use, it's set up as a triplex layout featuring a main floor commercial unit plus two residential units - a 2-bedroom upper and a 1-bedroom lower. The main floor, formerly a private daycare known as the Montessori School, includes two 2-piece bathrooms and flexible open space ideal for a variety of business types. You'll love the original hardwood floors and beautiful woodwork that flow throughout, adding warmth and timeless character. Both residential units are bright, clean, and move-in ready, and the entire building shows pride of ownership throughout. The basement unit previously rented for $1,500/month, and the upper unit had an offer of $2,000 per month. With the building being owner occupied you can set your own rents and use the main floor for your own business or seek a commercial tenant. The property also includes three storage sheds, appliances, and excellent curb appeal with plenty of parking and outdoor space. There is an outdoor 60 amp electrical panel for a hot tub or possibly an EV charger. This is an ideal opportunity for investors, business owners, or those seeking a live/work setup in a desirable Hanover location. Many updates since 2021. Contact me for a list of updates or to book a showing. (id:64974)

Quick Facts

• Property Type: Triplex
• Bedrooms: 3 (3 above)
• Bathrooms: 4 (2 half)
• Attached: Yes
• Parking: 4 spaces (No Garage)
• Frontage: 83 ft (25.3 m)

Costs

• Annual Taxes: $4,598.26 (2025)

Listing Provided by: Peak Edge Realty Ltd.
Board: OnePoint Association of REALTORS®
Data provided via CREA DDF®.