182 12th Street Hanover, Ontario N4N 1T8
$1,150,000
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! (id:60365)
Property Details
| MLS® Number | X12819968 |
| Property Type | Multi-family |
| Community Name | Hanover |
| EquipmentType | Water Heater |
| ParkingSpaceTotal | 9 |
| RentalEquipmentType | Water Heater |
Building
| BathroomTotal | 6 |
| BedroomsAboveGround | 6 |
| BedroomsBelowGround | 2 |
| BedroomsTotal | 8 |
| Appliances | Water Meter |
| BasementFeatures | Apartment In Basement |
| BasementType | Full |
| CoolingType | Wall Unit |
| ExteriorFinish | Brick |
| FoundationType | Stone |
| HeatingType | Other |
| StoriesTotal | 3 |
| SizeInterior | 2500 - 3000 Sqft |
| Type | Other |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 132 Ft |
| SizeFrontage | 76 Ft ,6 In |
| SizeIrregular | 76.5 X 132 Ft |
| SizeTotalText | 76.5 X 132 Ft |
| ZoningDescription | R5 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Living Room | 3.96 m | 3.35 m | 3.96 m x 3.35 m |
| Second Level | Kitchen | 4.57 m | 2.13 m | 4.57 m x 2.13 m |
| Second Level | Bedroom | 3.66 m | 3.35 m | 3.66 m x 3.35 m |
| Second Level | Kitchen | 4.27 m | 3.35 m | 4.27 m x 3.35 m |
| Second Level | Living Room | 4.27 m | 3.35 m | 4.27 m x 3.35 m |
| Second Level | Bedroom | 3.35 m | 3.05 m | 3.35 m x 3.05 m |
| Lower Level | Kitchen | 7.92 m | 3.8 m | 7.92 m x 3.8 m |
| Lower Level | Bedroom | 3.66 m | 2.59 m | 3.66 m x 2.59 m |
| Lower Level | Bedroom | 3.66 m | 3.35 m | 3.66 m x 3.35 m |
| Lower Level | Kitchen | 5.49 m | 3.66 m | 5.49 m x 3.66 m |
| Main Level | Bedroom | 3.66 m | 2.74 m | 3.66 m x 2.74 m |
| Main Level | Bedroom | 3.35 m | 2.74 m | 3.35 m x 2.74 m |
| Main Level | Kitchen | 6.1 m | 3.66 m | 6.1 m x 3.66 m |
| Main Level | Bedroom | 3.35 m | 3.05 m | 3.35 m x 3.05 m |
| Main Level | Bedroom | 3.2 m | 2.13 m | 3.2 m x 2.13 m |
| Main Level | Kitchen | 5.49 m | 3.35 m | 5.49 m x 3.35 m |
https://www.realtor.ca/real-estate/29398759/182-12th-street-hanover-hanover
Frank Leo
Broker
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February 26 2026 05:13:18
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