$849,000
5.20 BTC
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Map
552 7Th Avenue, Hanover
$849,000
PRICE
6
BEDROOMS
3
BATHROOMS
X12298874
MLSID

552 7Th Avenue, Hanover

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.
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Summary

Address
552 7Th Avenue
Community
MLSID
X12298874
Property Type
Triplex
Property Category
Bedrooms
6
Bathrooms
3
Kitchens
3
Zoning
R1A11
Taxes (Annual)
$4,696.00
Tax Year
2024
Published
July 21, 2025
Days on Market
26 Days
Possession Type
Immediate
Possession Details
Immediate
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Exclusions

All tenant belongings

Details

Property Features
Other
Security Features
Carbon Monoxide Detectors
Bathroom 1
4-Piece Ground Level
Bathroom 2
4-Piece Second Level
Parking Spaces
8
Parking Total
8
Architectural Style
2-Storey
Roof
Asphalt Shingle
Construction Materials
Brick
Lot Size
10,110
Lot Width
66 Feet
Lot Depth
153 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Radiant
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with Trilliumwest Real Estate Brokerage Ltd
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