Insufficient data to provide an accurate estimate
476 9th Avenue
Hanover
+14
62
bed0
bath28
parking14111 - 14111
sqft-
$3,895,000
Instant Estimate Not Available
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$3,895,000
Instant Estimate Not Available
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Size
-
Lot size
1655.53 sqm
Street frontage
-
Possession
-
Price per sqm
$2,971
Taxes
$38,013 (2024)
Parking Type
-
Style
-
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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.
Broker: WILFRED MCINTEE & CO LTD Brokerage (Walkerton)
MLS®#: 40643200
Property details
Parking:
28
Parking type:
-
Property type:
-
Heating type:
Baseboard,
Style:
-
MLS Size:
1311 sqm
Lot front:
41.15 M
Lot depth:
40.23 M
Listed on:
Sep 9, 2024
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Instant estimate:
Not Available
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© Property.ca Inc., Brokerage
MLS#: 40643200
Listed by WILFRED MCINTEE & CO LTD Brokerage (Walkerton)
About 476 9th Avenue
Located at 476 9th Avenue, this Hanover condo is available for sale. 476 9th Avenue has an asking price of $3895000, and has been on the market since September 2024. This condo has 62 beds and is 14111-14111 Squa.
For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this condo.
Getting around the area will require a vehicle, as there are no nearby transit stops.
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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information deemed reliable but not guaranteed.
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