7 days on market
$899,000
Listed for $899,000 on Aug. 16, 2023

7th Ave

Hanover, Hanover

6 Bed|3 Bath|Yes|7 days on market

$899,000

Listed for $899,000 on Aug 16, 2023

Or call Dwelly at: (647) 797-1133

Home Details

Taxes
$351 / month
Total Parking Spots
8
Driveway
Other
Garage Spaces
0
Furnished
No
Lot Size
66.00 x 153.00 Feet
Move-in Date
Immediate
Hydro Included
No
Heating
Other
Water Included
No
Family Room
Yes
Basement
Full, Unfinished
Fireplace
N
Air Conditioning
None
Central Vaccum
No
Exterior
Brick
Sewer
Septic
Property Type
Triplex
Style
2-Storey
Status
New

Listing Description

Amazing invstesment opportunity. A fully-renovated triplex, priced at $899K, 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 of $1700 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 and more windows available for the planned units. 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.

Property History

or to view this property's history
Listing DateDOMList PriceSold PriceEventMLS ID
Aug 16, 2023773$899,000N/ANewX6747360

Market Trends and Insights

About 7th Ave, Hanover

Located at 552 7th Ave , this Hanover house was listed for $899,000. This house's size is 66.00 x 153.00 Feet. It has 6 bedrooms and 3 bathrooms. The property includes the following rooms: . This property comes with 8 parking spots. 552 7th Ave, Hanover is situated in the Hanover neighbourhood.


MLS#: X6747360 · $899,000 · 6 bedroom house in Hanover, Hanover