Selling

552 7th Avenue, Hanover, ON N4N 2J7

$849,000

  • (0)
  • 4 Views
  • Sep 14, 2025
  • Hanover, Hanover

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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.
Overview
Property ID: X12298874
Type: Triplex
Bedrooms: 6
Bathrooms: 3
Square: 2,250 m²
Price: $849,000
PropertyType: Residential Freehold
TransactionType: For Sale
BuildingAreaUnits: Square Feet
Cooling: Wall Unit(s)
Heating: Radiant
ParkingFeatures: None
YearBuilt: Unknown
TaxAnnualAmount: 4696
PossessionDetails: Immediate
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