476 9th Avenue Hanover, ON N4N 2M3

Property Photo: 476 9th Avenue 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

BED

14,111

SQFT

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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.

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 4:27 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

Living Area

14,111 sqft

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 20:27

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