
Hanover, ON N4N 2V1
Versatile Opportunity in Hanover! This immaculate property offers a rare combination of commercial and residential space on a fully fenced 83' x 132' lot. Zoned for mixed use, it's set up as a triplex layout featuring a main floor commercial unit plus two residential units - a 2-bedroom upper and a 1-bedroom lower. The main floor, formerly a private daycare known as the Montessori School, includes two 2-piece bathrooms and flexible open space ideal for a variety of business types. You'll love the original hardwood floors and beautiful woodwork that flow throughout, adding warmth and timeless character. Both residential units are bright, clean, and move-in ready, and the entire building shows pride of ownership throughout. The basement unit previously rented for $1,500/month, and the upper unit had an offer of $2,000 per month. With the building being owner occupied you can set your own rents and use the main floor for your own business or seek a commercial tenant. The property also includes three storage sheds, appliances, and excellent curb appeal with plenty of parking and outdoor space. There is an outdoor 60 amp electrical panel for a hot tub or possibly an EV charger. This is an ideal opportunity for investors, business owners, or those seeking a live/work setup in a desirable Hanover location. Many updates since 2021. Contact me for a list of updates or to book a showing.
TRREB MLS® Attribution
MLS® X12523878
Listed by Peak Edge Realty Ltd.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$2,929
/month · $479,920 mortgage
Amortization
Total Interest
$398,897
Total Cost
$878,817
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
Peak Edge Realty Ltd.