477 12th AVE new

Hanover,ON N4N 2V1

$ 599900

3 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision Hanover

MLS Listing ID X12523874

Style 2-Storey

Bedrooms 3

Annual Tax Amount $4,598

Tax Year 2025

Property Sub-Type Triplex

Property Description

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.

Location

Province ON

County Grey County

Community Hanover

Area Grey County

Rooms

Family Room No

Basement Finished with Walk-Out

Kitchen 3

Interior

Interior Features None

Cooling Central Air

Fireplace No

Heat Source Electric

Exterior

Pool None

Roof Type Shingles

Lot Frontage 83.0

Lot Depth 132.0

Total Parking Spaces 4

Building

Foundation Concrete

Others

ParcelsYN No

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