579 9 Th Avenue Hanover, Ontario N4N 2N7
$459,000
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:47723)
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 |
| 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
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June 29 2022 06:04:01
REALTORS® Association of Grey Bruce Owen Sound
Peak Edge Realty Ltd., Brokerage