Triplex For Sale
$849,000
MLS® Number: 40748580
Bedrooms
6
Bathrooms
3
Floor Area
2,200
Land Size
0.222
Year Built
1912
Triplex For Sale
$849,000
Bedrooms
6
Bathrooms
3
Floor Area
2,200
Land Size
0.222
Year Built
1912
552 7TH Avenue, Hanover, Ontario
About This Property
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.
Property Details
Interior Details
Basement
Unfinished, Full
Bathrooms Total
3
Bedrooms Total
6
Cooling
None
Heating
Natural gas, Other
Living Area
2200 sqft
Building & Exterior
Exterior Features
Brick
Foundation Details
Stone
Number Of Units Total
3
Parking Features
Open
Stories
2.0
Year Built
1912
Land & Location
Frontage Length
66.0 feet
Lot Size Area
0.222 acres
Lot Size Dimensions
0.222
Postal Code
N4N2J7
Subdivision Name
Hanover
Listing & Financials
Listing Office
TrilliumWest Real Estate Brokerage
Originating System Name
Cornerstone Association of REALTORS®
Other Specifications
Common Interest
Freehold
Country
Canada
Parking Total
8
Listed By
TrilliumWest Real Estate Brokerage
Mortgage Calculator
Estimated Monthly Payment
$4,171
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$4,171
Principal and interest only. Actual rates may vary.
