552 7th Avenue, Hanover, Ontario

$849,000

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6

Beds

3

Baths

2,200

Square feet

0.22

Acres

About 552 7th Avenue

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:6289)

Features of 552 7th Avenue

Listing # 40748580
Price $849,000
Bedrooms 6
Bathrooms 3.00
Square Footage 2,200
Acres 0.22
Year Built 1912
Type Multi-family
Sub-Type Freehold

Community Information

Address 552 7th Avenue
Subdivision Hanover
City Hanover
Province Ontario
Postal Code N4N2J7

Amenities

Parking Spaces 8
Is Waterfront No
Has Pool No

Interior

Heating Natural gas Other
Cooling None
Fireplace No
# of Stories 2
Has Basement No

Exterior

Exterior Brick
Foundation Stone

Listing Details

OfficeTrilliumWest Real Estate Brokerage

Listing Map

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Listing information last updated on October 13th, 2025 at 3:16am PDT.