$849,000
Available - For Sale
Listing ID: X12298874
552 7th Avenue , Hanover, N4N 2J7, Grey County
| 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. |
| Price | $849,000 |
| Taxes: | $4696.00 |
| Assessment Year: | 2024 |
| Occupancy: | Tenant |
| Address: | 552 7th Avenue , Hanover, N4N 2J7, Grey County |
| Directions/Cross Streets: | Bruce rd 10 and 13th St |
| Rooms: | 3 |
| Bedrooms: | 6 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Unfinished |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Ground |
| Washroom Type 2 | 4 | Second |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 4 | Ground |
| Washroom Type 7 | 4 | Second |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Property Type: | Triplex |
| Style: | 2-Storey |
| Exterior: | Brick |
| Garage Type: | None |
| Drive Parking Spaces: | 8 |
| Pool: | None |
| Other Structures: | Storage |
| Approximatly Square Footage: | 2000-2500 |
| Property Features: | Other |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | Y |
| Heat Type: | Radiant |
| Central Air Conditioning: | Wall Unit(s |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Elevator Lift: | False |
| Sewers: | Sewer |
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| Trilliumwest Real Estate Brokerage Ltd |
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At a Glance:
| Type: | Freehold - Triplex |
| Area: | Grey County |
| Municipality: | Hanover |
| Neighbourhood: | Hanover |
| Style: | 2-Storey |
| Tax: | $4,696 |
| Beds: | 6 |
| Baths: | 3 |
| Fireplace: | Y |
| Pool: | None |
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