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MLS® 40836774

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 2200 sqft
Garage 
Taxes $4,696
Days Active 1
Lot Size 
Approx. Age 1912
Avg. Price Per Sqft $385
MLS® Number 40836774

Property Address: 552 7th Ave, Hanover, ON, N4N2J7

Average square foot calculated using Size range provided by listing agent.

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.Show Description
MLS® Number40836774
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1912
BasementSeparate Entrance, Full, Unfinished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, For Sale for $849,000

Masonry residence featuring a balcony with iron ra
For Sale · 1 day

$849,000

MLS® 40836774

A day ago

Not Sold Yet

June 2026, For Sale for $849,000

Masonry residence featuring a balcony with iron ra
For Sale · 1 day

$849,000

MLS® 40836774

A day ago

Not Sold Yet

May 2026, Expired for $849,000

View of property
Expired · 313 days

$849,000

MLS® 40748580

6 days ago

Canceled on May 31, 2026

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