Hanover, ON N4N2J7 552 7th Avenue

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Presented By: Trilliumwest Real Estate Brokerage Ltd
  • MLS# X12298874
  • 07/22/2025
  • Request Tour
  • Request Info
  • Beds • 6
  • Baths • 3
  • SQFT • 2000-2500
  • Garage • 8

Home Details

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.
Presented By: Trilliumwest Real Estate Brokerage Ltd

Interior Features for 552 7th Avenue

Bedrooms

Bedrooms6
Total Bedrooms6

Bathrooms

Total Baths3

Other Interior Features

Air Conditioning Y/NNo
BasementUnfinished
Basement (Y/N)No
Elevator?No
Fireplace FeaturesFireplace Insert, Natural Gas
Fireplace Y/NYes
Heat SourceGas
Heating Y/NNo
Interior AmenitiesSeparate Heating Controls, Separate Hydro Meter
Living Area Range2000-2500

General for 552 7th Avenue

Architectural Style2-Storey
Attached Garage No
CityHanover
Construction MaterialsBrick
CoolingWall Unit(s)
CountyGrey County
Facing DirectionWest
Garage Y/NNo
Heater TypeRadiant
Legal DescriptionLT 38 PL 770 HANOVER; HANOVER
Lot Depth153.19
Lot Size UnitsFeet
ModificationTimestamp2025-09-25T16:57:11Z
New ConstructionNo
Occupancy TypeTenant
Other StructuresStorage
Parking Spaces 8
Pool FeaturesNone
Property Attached Y/NNo
Property SubtypeTriplex
Property TypeResidential Freehold
PropertyFeaturesOther
RoofAsphalt Shingle
Security FeaturesCarbon Monoxide Detectors
Senior Community Y/NNo
SewerSewer
Standard StatusActive
StatusNew
Tax Annual Amount4696.0
Tax Year2024

Exterior for 552 7th Avenue

Covered Spaces0.0
Foundation DetailsConcrete
Garage TypeNone
Lot Size SourceMPAC
SpaNo
Total Parking8.0
WaterfrontNone
Waterfront Y/NNo

Additional Details

Sarah Pierssens

Sales Representative
Price $849,000
MLS#X12298874
List Date 07/22/2025
Property Type Multi-Family
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