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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$1,150,000
Available - For Sale
Listing ID: X12819968
Amazing 6 plex investment opportunity close to GTA featuring a cap rate over 7% and room for more growth. This property has R5 zoning, offering the potential for additional unit development. The current configuration includes four one-bedroom and two two-bedroom units, with a six figure income there is great return on the property with market rate rents. Property was formerly the Hanover Lutheran Church, the building retains historic charm with modern upgrades, including an on-demand hot water system (domestic and in-floor heating), siding, an outside stairway, updated appliances, electronic deadbolts, and cosmetic upgrades all within the past few years. With nine parking spaces and a split utility structure (landlord pays water/sewer, tenants pay hydro; main floor and second level units pay gas heat, landlord pays in-floor gas heat in two level units), this is a turn-key investment with the only thing missing being you!
Price $1,150,000
Taxes: $6,294
Assessment Year: 2025
Occupancy by: Tenant
Address: 182 12th Street , Hanover, N4N 1T8, Grey County
Directions/Cross Streets: seventh ave and twelfth st
Rooms: 19
Rooms +: 9
Bedrooms: 6
Bedrooms +: 2
Washrooms: 6
Family Room: F
Basement: Apartment
Full
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Second Living Ro 12.99 10.99
Room 2: Second Kitchen 14.99 6.99
Room 3: Second Bedroom 12.00 10.99
Room 4: Main Kitchen 20.01 12.00 Combined w/Living
Room 5: Main Bedroom 10.99 10.00
Room 6: Main Bedroom 10.50 6.99
Room 7: Second Kitchen 14.01 10.99
Room 8: Second Living Ro 14.01 10.99
Room 9: Second Bedroom 10.99 10.00
Room 10: Main Kitchen 18.01 10.99
Room 11: Main Bedroom 12.00 8.99
Room 12: Main Bedroom 10.99 8.99
Room 13: Lower Kitchen 25.98 12.46 Combined w/Living
Room 14: Lower Bedroom 12.00 8.50
Room 15: Lower Bedroom 12.00 10.99
No. of Pieces Level
Washroom 1 4 Main
Washroom 2 3 Second
Washroom 3 3 Lower
Washroom 4 4 Second
Washroom 5 3 Third
Washroom 6 4 Main
Washroom 7 3 Second
Washroom 8 3 Lower
Washroom 9 4 Second
Washroom 10 3 Third
Property Type: Multiplex
Style: 3-Storey
Exterior: Brick
Garage Type: None
Drive Parking Spaces: 9
Pool: None
Approximatly Square Footage: 2500-3000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Other
Central Air Conditioning: Wall Unit(s
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX WEST REALTY INC.

182 12th Street , Hanover, N4N 1T8, Grey County

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Multiplex
Area: Grey County
Municipality: Hanover
Neighbourhood: Hanover
Style: 3-Storey
Lot Size: x 132.00(Feet)
Approximate Age:
Tax: $6,294
Maintenance Fee: $0
Beds: 6+2
Baths: 6
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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