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579 9 Th Avenue Hanover, Ontario N4N 2N7

1785
None Baseboard Heaters

$449,000

Attention Investors/builders. This 2 storey brick duplex may be for you. If your looking for a large duplex in a quiet area of Hanover on a large lot this may be your opportunity. Existing zoning is R3 which allows for a third unit. Good chance of rezoning this lot for more than the 3 units based on the Town and Province wanting to get more affordable housing. This lot has a huge non treed area for potential unit expansion. Building has a unfinished walk up attic presently used for storage. Property now consists of 2 units with 2 bedrooms each. Laundry area is common in the basement with 2 hook ups for tenant if needed. Existing tenants pay there own electricity and each pay 50% of the water & sewer costs. MF tenant pays 60% of the heat costs and the upstairs tenant pays 40%. No utility costs for owner. MF Tenant cut the grass and each do there own snow removal. Upstairs tenant has a large balcony facing west for those warm summer days/evenings. Updates are furnace ( 6 years), all new eaves and downspouts in 2021. MF bathroom redone in 2019. 2 -100 amp. breaker panels and one new in approx. 2017. Great potential investment for the present and future if you have for sight for growth. (id:38443)

Property Details

MLS® Number 40287562
Property Type Multi-family
Amenities Near By Playground
Communication Type High Speed Internet
Community Features Quiet Area
Features Crushed Stone Driveway
Parking Space Total 2
Structure Shed

Building

Appliances Water Meter
Basement Development Partially Finished
Basement Type Full (partially Finished)
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Brick
Fire Protection Smoke Detectors
Fireplace Present No
Fixture Ceiling Fans
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Baseboard Heaters
Stories Total 3
Size Interior 1785
Type Duplex
Utility Water Municipal Water

Parking

Detached Garage

Land

Acreage No
Land Amenities Playground
Sewer Municipal Sewage System
Size Depth 165 Ft
Size Frontage 66 Ft
Size Total Text Under 1/2 Acre
Zoning Description R3

Utilities

Cable Available
Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/24604437/579-9-th-avenue-hanover

Interested?

Contact us for more information


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Wayne Leibold
Broker

(519) 374-1109
(519) 506-6700

Peak Edge Realty Ltd., Brokerage
425 7th Avenue
Hanover, Ontario N4N 2J3

(519) 506-7700
(519) 506-6700
www.peakedge.ca

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