552 7TH Avenue
Hanover
N4N 2J7
$849,000
Multi-family
beds: 6
baths: 3.0
2,200 sq. ft.
built: 1912
- Status:
- Active
- Prop. Type:
- Multi-family
- MLS® Num:
- 40836774
- Bedrooms:
- 6
- Bathrooms:
- 3
- Year Built:
- 1912
- Photos (24)
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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. (id:2493)
- Property Type:
- Multi-family
- Common Interest:
- Freehold
- Property Attached:
- Yes
- Total Living Area:
- 2,200 sq. ft.
- Finished Area Above Grade:
- 2,200 sq. ft.
- Zoning:
- R1A11
- Taxes:
- $4,696.43 / -
- Community:
- Hanover
- Exterior Features:
- Brick
- Structure Type:
- Triplex
- Bedrooms:
- 6
- Bathrooms:
- 3.0
- Cooling:
- None
- Fireplace:
- No
- Foundation:
- Stone
- Heating:
- Natural gas, Other
- # Storeys:
- 2.0
- Water:
- Municipal water
- Sewer:
- Municipal sewage system
- Basement:
- Unfinished, Full
- Lot Frontage:
- 66'
- Lot Size:
- 9,670 sq. ft.
- Lot Details:
- 0.222
- Parking:
- Open
- Total Parking Spaces:
- 8
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Masonry residence featuring a balcony with iron railing, arched entryways, gabled roofline, and dormer window -
Two-story brick exterior with arched entryway, prominent chimney, and a detached wooden shed
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Contemporary bathroom featuring a vanity with an integrated sink, polished chrome faucet, and dark wood-finish cabinetry
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Bathtub with white surround and chrome fixtures
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Kitchen featuring an island with an undermount sink and a gooseneck faucet
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Kitchen island featuring a stainless steel undermount sink, white cabinetry, and stainless steel dishwasher
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Galley kitchen featuring dark wood-finish flooring, white cabinetry, dark countertops, and stainless steel appliances including a refrigerator, microwave, and range
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Dedicated laundry closet featuring a stacked washer and dryer, wood-finish flooring, and a traditional white baluster railing
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Spacious room featuring dark wood-finish flooring, light grey walls, and white trim
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Concrete foundation wall with exposed wooden ceiling joists, featuring multiple electrical panels, conduit, and exposed piping
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Listed by Bosley Real Estate Ltd.
Data was last updated August 10, 2026 at 11:15 PM (UTC)
- Wes Cressman
- Bosley Real Estate Ltd.
- 519-635-1248
- Contact by Email
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