For Sale: 552 7th Avenue, Hanover, ON - REW
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$849,000
6 bd • 3 ba • 2200 sf • Multifamily
552 7th Avenue
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$849,000
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552 7th AvenueHanover, ON, N4N 2J7

  • 6 Bed
  • 3 Bath
  • 2200 Sqft
  • Multifamily

About this home

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:63626)
Listed by: Wes Cressman, Salesperson, Bosley Real Estate Ltd.

Home facts and features

Price details
List Price
$849,000
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Gross Taxes for 2026
$4,696
Home facts
Bedrooms
6
Full Bathrooms
3
Parking Spaces
8
Parking Details
Open
Property Type
Multifamily
Lot Size
66 ft x 0 ft (9670 ft²)
Depth
Frontage
66.0 feet
Year Built
Built in 1912 (114 yrs old)
Title
Freehold
Exterior Finish
Brick
Heating Type
Natural gas, Other
Basement Details
Unfinished, Full
Agent details
Primary Agent
Wes Cressman
Primary Broker
Bosley Real Estate Ltd.
Listing details
Days on REW
48 Days
Property Views
34
MLS® Number
40836774
Source
Canadian Real Estate Association
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25 Years
Interest Rate
3.99%

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Property Insights

Holy Family School
  • Catholic
  • JK - 8
John Diefenbaker School
  • Public
  • 7 - 12
Hanover Heights Community School
  • Public
  • JK - 6
Dawnview Public School
  • Public
  • JK - 6
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Call Agent
Salesperson
Wes Cressman
Phone:
(519) 635-1248
Cell:
519-635-1248
Office:
226-314-1600
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.