Description
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.
Details
| MLS # | 40748580 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1912 |
| Days On Site | 112 |
| Listing Provided By | TrilliumWest Real Estate Brokerage | Wesley Cressman |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 2,200 |
| Basement | Y |
| Story(s) | 2 |
| Units | 3 |
| Zoning | R1A11 |
| Acreage | 0.22 |
Interior
| Appliances | Dryer, Refrigerator, Stove, Washer |
|---|---|
| Interior Features | Brick & Beam, None |
| Cooling | None |
| Cooling Yes / No | No |
| Heating | Natural Gas, Radiator, Other |
| Heating Yes / No | Yes |
| Laundry Features | In-Suite |
Exterior
| Lot Features | Rectangular, City Lot |
|---|---|
| Construction Materials | Brick |
| Roof | Asphalt Shing |
| Foundation Details | Stone |
Parking
| Open Parking Yes / No | Yes |
|---|
Utilities
| Sewer | Sewer (Municipal) |
|---|
Taxes
| Tax Annual Amount | 4696.43 |
|---|
Area Information
| Province | ON |
|---|---|
| County | Grey |
| City | Hanover |
| Postal Code | N4N 2J7 |
| Area | Hanover |
| Subarea | Hanover |
| Community Name | Hanover |
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| Province | ON |
|---|---|
| County | Grey |
| City | Hanover |
| Postal Code | N4N 2J7 |
| Area | Hanover |
| Subarea | Hanover |
| Community Name | Hanover |
Listing Updated: November 2, 2025 at 8:10:19 AM PST
