476 9th Avenue Hanover, ON N4N 2M3
Listing Courtesy of: ITSO / Wilfred Mcintee & Co Ltd Brokerage (walkerton)

  476 9th Avenue Hanover, ON N4N 2M3

Pending (19 Days)
$3,895,000
62
BED
14,111
SQFT
See Similar Listings

Description

Here’s an outstanding opportunity to enhance your investment portfolio with a prime 33-unit apartment complex located in the vibrant heart of Hanover, Ontario. This well-situated property is less than a block from downtown, providing easy access to shopping, grocery stores, pharmacies, and all essential amenities. The complex consists of four impeccably maintained buildings spread across two separate roll numbers. The main building offers 20 units, while a secondary building provides 8 units. Additionally, the property includes a quaint 2-bedroom bungalow and a converted house with 4 units. Currently, the complex delivers a solid return of over 6%, with significant upside potential as tenant turnover creates opportunities for increased revenue. Don’t miss out on this remarkable investment opportunity.

MLS®:
40643200
Taxes
$38,013(2024)
Type
Multifamily
School District
Bluewater District School Board,Bruce-Grey Catholic District Sch
County
Grey County

Listed By

Matt Kueneman, Wilfred Mcintee & Co Ltd Brokerage (walkerton)
Source
ITSO
Last checked Jan 15 2025 at 5:30 AM EST
Bathroom Details
Interior Features
  • Stove
  • Refrigerator
  • Dishwasher
  • Laundry: In-Suite
  • Laundry: Common Area
  • Laundry: Coin Operated
  • Separate Hydro Meters
  • Separate Heating Controls
Lot Information
  • Playground Nearby
  • Park
  • Library
  • Hospital
  • City Lot
Property Features
  • Foundation: Block
Heating and Cooling
  • Electric
  • Baseboard
  • None
Basement Information
  • Unfinished
  • Partial
Exterior Features
  • Roof: Asphalt Shing
Utility Information
  • Sewer: Sewer (Municipal)
Parking
  • Total: 28
Stories
  • 3
Living Area
  • 14,111 sqft
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Disclaimer: Copyright 2025 ITSO. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 1/14/25 21:30

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