TrilliumWest Real Estate Brokerage

$849,000

552 7th Avenue, Hanover, Ontario

6 Bedrooms

3 Bathrooms

2200 Sqft

Property

MLS® Number: 40748580

Address: 552 7th Avenue

City: Hanover

Exterior: Brick

Lot Size: 153.0ft x 66.0ft

Utilities

Heating: Natural Gas, Radiator, Other

Parking

Parking Spaces: 8

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 Sale History

Travel and Neighbourhood

Very Walkable

Location

Charlene Gulka
Charlene Gulka

REALTOR® Salesperson

RE/MAX Escarpment

Contact Charlene Gulka