$599,900

Triplex

477 12th Avenue, Hanover, ON

45 DAYS
3
4
0
1500-2000
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Listed by Peak Edge Realty Ltd.

Property Highlights

Parking

4 spaces

Property Tax

$4,598/yr

Lot Size

10,956 sqft

Style

2-Storey

Basement

Finished with Walk-Out

Monthly Cost

$2,916/mo

About This Home

Versatile Opportunity in Hanover! This immaculate property offers a rare combination of commercial and residential space on a fully fenced 83' x 132' lot. Zoned for mixed use, it's set up as a triplex layout featuring a main floor commercial unit plus two residential units - a 2-bedroom upper and a 1-bedroom lower. The main floor, formerly a private daycare known as the Montessori School, includes two 2-piece bathrooms and flexible open space ideal for a variety of business types. You'll love the original hardwood floors and beautiful woodwork that flow throughout, adding warmth and timeless character. Both residential units are bright, clean, and move-in ready, and the entire building shows pride of ownership throughout. The basement unit previously rented for $1,500/month, and the upper unit had an offer of $2,000 per month. With the building being owner occupied you can set your own rents and use the main floor for your own business or seek a commercial tenant. The property also includes three storage sheds, appliances, and excellent curb appeal with plenty of parking and outdoor space. There is an outdoor 60 amp electrical panel for a hot tub or possibly an EV charger. This is an ideal opportunity for investors, business owners, or those seeking a live/work setup in a desirable Hanover location. Many updates since 2021. Contact me for a list of updates or to book a showing.

Monthly Cost

Monthly Mortgage$2,533
Property Tax ($4,598/yr)$383
Total$2,916

Price & Listing History

Schools

Location

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Listing Presented By

iryna.tarabanovska@cirealty.com
CiRealty, Brokerage

CiRealty, Brokerage