552 7TH AVENUE, Hanover, Ontario, N4N2J7
MLS: X12298874 | Triplex
$849,000
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. (id:64974)
Quick Facts
- Property Type: Triplex
- Bedrooms: 6 (6 above)
- Bathrooms: 3
- Attached: Yes
- Fireplaces: 2
- Parking: 8 spaces (No Garage)
- Frontage: 66 ft (20.1 m)
Costs
- Annual Taxes: $4,696.00 (2024)
Listing Provided by: Trilliumwest Real Estate Brokerage
Board: OnePoint Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Radiant heat, Natural gas
- Cooling: Wall unit
- Basement: Unfinished, N/A
- Appliances: Water meter
- Fireplace Features: Insert
Exterior & Construction
- Exterior: Brick
- Foundation: Concrete
- Sewer: Sanitary sewer
- Water: Municipal water
Lot & Land
- Frontage: 66 ft (20.1 m)
- Zoning: R1A11
Community & Neighbourhood
- Building: Separate Electricity Meters, Separate Heating Controls, Fireplace(s)
- Neighbourhood: Hanover
Listing Information
Listing History
Buy/Sell/Terminated/Expired listing history for 552 7TH AVENUE, Hanover, Ontario, N4N2J7
Location & Neighborhood
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
Nearby Homes (Within 2km)
Similar Homes
Similar Properties
No rental comparables found in this area.
Sold Comparables
Access to sold property data requires a registered and verified account with TRREB DDF integration.
Coming SoonRented Comparables
Access to rented property data requires a registered and verified account with TRREB DDF integration.
Coming Soon