552 7th Avenue, Hanover, ON N4N 2J7, Hanover, ON, N4N 2J7
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.
Quick Facts
- Property Type: Triplex
- Style: 2-Storey
- Bedrooms: 6 (6 above)
- Bathrooms: 3
- Fireplaces: 2
- Parking: 8.0 spaces
- Lot Size: 10,110 sq ft (939.2 m²)
Costs
- Annual Taxes: $4,696.00 (2024)
Listing Provided by: Trilliumwest Real Estate Brokerage
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Cooling: Wall Unit(s)
- Basement: Unfinished
- Security: Carbon Monoxide Detectors
- Fireplace Features: Fireplace Insert, Natural Gas
Exterior & Construction
- Style: 2-Storey
- Roof: Asphalt Shingle
- Construction: Brick
- Foundation: Concrete
- Sewer: Sewer
Lot & Land
- Lot Size: 10,110 sq ft (939.2 m²)
- Pool: None
- Zoning: R1A11
Community & Neighbourhood
- Neighbourhood: Hanover
Listing Information
Listing History
Sold history, price changes, and days-on-market are reserved for registered users.
Per TRREB / PropTx Virtual Office Website (VOW) terms, this data is available to logged-in users who have accepted the VOW Terms of Use.
Sign In or RegisterLocation & Neighborhood
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
Nearby Homes ?Nearby Homes — Search CriteriaSearch Radius1 kmPrice Range±30%Match BedroomsNoMatch BathroomsNo

Lot 4 Lawson Road, Kearney, ON P0A 1J0, Kearney
Vacant Land$849,000
Listing Courtesy of THE CANADIAN HOME REALTY INC.

0 Niagara River Parkway, Niagara Falls, ON L2E 6S6, Niagara Falls
Vacant Land$849,000
$2,520/yr taxListing Courtesy of RE/MAX NIAGARA REALTY LTD, BROKERAGE

45 Kingsbridge Garden Circle 204, Mississauga, ON L5R 3K4, Mississauga
Condo Apartment$849,000
$4,291/yr taxListing Courtesy of FOREST HILL REAL ESTATE INC.

28 Widmer Street 4727, Toronto C01, ON M5V 0T2, Toronto C01
Condo Apartment$849,000
Listing Courtesy of REMAX YOUR COMMUNITY REALTY

2970 Fesserton Side Road, Severn, ON L0K 2C0, Severn
Vacant Land$849,000
$8,636/yr taxListing Courtesy of Chestnut Park Real Estate

99 Louisa Street 210, Kawartha Lakes, ON K0M 1N0, Kawartha Lakes
Condo Apartment$849,000
Listing Courtesy of KIC REALTY

193 Bloor Street W, Oshawa, ON L1J 1P5, Oshawa
Detached$849,000
$3,445/yr taxListing Courtesy of KELLER WILLIAMS ENERGY REAL ESTATE

585 Bloor Street E 1422, Toronto C08, ON M4W 0B3, Toronto C08
Condo Apartment$849,000
$4,517/yr taxListing Courtesy of ROYAL LEPAGE PEACELAND REALTY

402 Manse Road, Toronto E10, ON M1E 3V6, Toronto E10
Vacant Land$849,000
$1/yr taxListing Courtesy of HOMELIFE/GTA REALTY INC.

33 WELLINGTON Street S, Ashfield-Colborne-Wawanosh
House$849,000
$4,138/yr taxListing Courtesy of Peak Realty Ltd.
Similar Homes ?Similar Homes — Search CriteriaSearch Radius5 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes

730 Chemong Road E, Peterborough, ON K9H 5Y9, Peterborough
Triplex$842,000
$5,148/yr taxListing Courtesy of RE/MAX HALLMARK FIRST GROUP REALTY LTD.

298 Montfort Street, Vanier and Kingsview Park, ON K1L 5N6, Vanier and Kingsview Park
Triplex$839,900
$5,020/yr taxListing Courtesy of RIGHT AT HOME REALTY

92 Gardiner Street, Kingston, ON K7M 1A7, Kingston
Triplex$825,000
$5,959/yr taxListing Courtesy of ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE

122 Bleecker Avenue, Belleville, ON K8N 3T7, Belleville
Triplex$874,900
$4,656/yr taxListing Courtesy of FLAT RATE REALTY CORP.
Property Comparables ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±15%Match Home TypeYesMatch BedroomsYes
No active comparables found in this area.
No rental comparables found in this area.
Sold comparables require subject coordinates and a sale-context listing.
Rented comparables require subject coordinates.
Book a Viewing
552 7th Avenue, Hanover, ON N4N 2J7, Hanover, ON, N4N 2J7

