Personal Pic

Maria Tompson

Sales Representative
Remax Example Inc., Brokerage Independently owned and operated. 4711 Yonge Street, 10th Floor, Toronto, Ontario M2N 6K8 Cell: 416-548-7854Office: 416-548-7854Fax: 416-981-7184Toll Free: 1-866-382-2968

$9,990,000
Available - For Sale
Listing ID: X10845895
595 1ST St , Hanover, N4N 3V8, Ontario


Welcome to a remarkable commercial building in Hanover, Ontario that features 26 separate rental units, each thoughtfully designed with its own bathroom, a man door, and an overhead door. This versatile space is wide open, making it ideal for a variety of business ventures. The building boasts a robust 3-phase electrical system, ensuring it meets the demands of modern enterprises. Each unit is equipped with its own hydro and gas meters, providing tenants with independent utility management. Ample parking is available for both tenants and customers, along with a conveniently shared loading dock for easy deliveries. Additionally, this property presents exciting expansion potential, with room for an additional commercial building. The current owner is actively working on a condo conversion plan, which would allow for the individual sale of each unit in the future. Don't miss this rare opportunity to invest in a flexible commercial property with significant growth potential. Contact your agent today for more details!
Price $9,990,000
Taxes: $30335.00
Assessment: $1148000
Assessment Year: 2024
Occupancy by: Vacant
Address: 595 1ST St , Hanover, N4N 3V8, Ontario
Postal Code: N4N 3V8
Province/State: Ontario
Legal Description: PT LT 7 CON 2 SDR BENTINCK PTS 2 AND 3 1
Lot Size: 392.00 x 661.00 (Feet)
Directions/Cross Streets: Heading north on Grey Rd. 10/10th Avenue, turn right onto 11th Avenue. Follow to 14th avenue & turn
Category: With Property
Total Area: 48750.00
Total Area Code:  Sq Ft
Sewers: Sewers
Water: Municipal
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
WILFRED MCINTEE & CO LTD Brokerage (Walkerton)
Personal Picture
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184
 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Com - Sale Of Business
Area: Grey County
Municipality: Hanover
Neighbourhood: Hanover
Style:
Lot Size: 392.00 x 661.00(Feet)
Approximate Age:
Tax: $30,335
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
$
%
%
Years