182 12th ST, Hanover, ON N4N 1T8
182 12th ST, Hanover, ON N4N 1T8
182 12th ST, Hanover, ON N4N 1T8
182 12th ST, Hanover, ON N4N 1T8
182 12th ST, Hanover, ON N4N 1T8
182 12th ST, Hanover, ON N4N 1T8
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Jonathan Colford

Jonathan Colford

+1(647) 823-6092
$ 1,150,000
Est. payment | /mo

8 Beds

6 Baths

Save
$ 1,150,000
Est. payment | /mo
Save

8 Beds

6 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision Hanover

MLS Listing ID X12819968

Style 3-Storey

Bedrooms 8

Annual Tax Amount $6,294

Tax Year 2026

Property Sub-Type Multiplex

Property Description

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!

Location

Province ON

County Grey County

Area Grey County

Rooms

Family Room No

Basement Apartment, Full

Kitchen 6

Separate Den/Office 2

Interior

Interior Features Other

Cooling Wall Unit(s)

Fireplace No

Heat Source Gas

Exterior

Garage Spaces 9.0

Pool None

Roof Type Metal

Lot Frontage 76.5

Lot Depth 132.0

Total Parking Spaces 9

Building

Foundation Stone

Others

ParcelsYN No

Listed by RE/MAX WEST REALTY INC.

Nearby Locations

Jonathan Colford

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(647) 823-6092

jonathan.colford@exprealty.com

8763 Bayview Ave #127, Richmond Hill, ON L4B 3V1, ON, CAN

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182 12th ST