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    For Sale - 552 7th Avenue, Hanover, Ontario

    Est payment $4,208/mo
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    Time on Jump  79 day

    AI Summary *

    • Fully renovated triplex with 3 units, each having 2 bedrooms and 1 bathroom.
    • Total of 2200 SQFT, currently occupied at market rents.
    • Approved plans available to add 3 more units, doubling income potential.
    • Each unit has separate meters for easy management.
    • All groundwork is laid out for a seamless investment process.




    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.
    Listing IDX12298874
    Address552 7th Avenue
    CityHanover, Ontario
    Price$849,000
    Bed / Bath6 / 3 Full
    Style2-Storey, Triplex
    ConstructionBrick
    Land Size10110
    TypeMulti-Family
    StatusFor Sale

    Subtype TriplexIndoor Features Separate Heating Controls, Separate Hydro MeterAmenities OtherOwnership FreeholdWaterfront NoneBasement UnfinishedFoundation ConcreteHeating / Cooling RadiantHeating Fuel GasSewer Sewer

    Parking 8.00
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    Listing Agency:  Trilliumwest Real Estate Brokerage Ltd
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    552 7th Avenue
    Hanover , Ontario
    6 3 $849,000
    Get more info