Louis Whaling
Real Estate Broker Inc.
Real Estate Broker

552 7TH AVENUE, Hanover, Ontario, N4N2J7

Property Type: Multi-family
Bedrooms: 6
Bathrooms: 3
Storeys: 2
Floor Space:
Land Size: 66 x 153.2 FT
Parking Type: No Garage (8)

Price: $849,000.00

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:52458)





Rooms


Building Information

Bedrooms
: 6
Total Bathroom
: 3
Partial Bathroom
: 0
Fireplace
: True
Fireplace Type
: Insert
Heating Fuel
: Natural gas
Heating Type
: Radiant heat
Stories
: 2
Exterior Finish
: Brick
Foundation Type
: Concrete

Property Information

Transaction Type: For sale
Sewer: Sanitary sewer
Parking: No Garage (8)
Appliances: Water meter

Land Information

Acreage: True

Location:

Address: 552 7TH AVENUE, Hanover, Ontario, N4N2J7
Location Information: Bruce rd 10 and 13th St