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Home ON Grey County Hanover
285 9TH STREET
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285 9TH STREET $1,190,000
$1,190,000
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285 9TH STREET
Hanover, Ontario N4N1L3

MLS® Number: X12428184
9
Bedrooms
5
Bathrooms
3000 - 3500
Square Feet

Listing Description

If your looking for a fantastic investment opportunity, why not look at two! This great profit turning property is all set for you. The large century home boast 3 separate rental units consisting of two, 2 bedroom units, and 1 one bedroom unit. Updates to the home include dual zone Viessmann boiler (2022) provides heat and hot water, Roof 2020, Deck (2024) Ductless A/C for unit 1 (2023) and so many more. Fire Inspection report done and completed in (2021). A new water softener keeps things fresh and clean as well. The secured entrance basement has tenant washer and dryer, and storage units for tenants. A solid 2.5 storey home! The bonus, is the new garage (built in 2024). I challenge you to find a better built garage/rental unit combo! The 25'x48.5' garage with a 14.5x48.5" covered portion, is ideally suited for a tradesmen to set up shop with its in-floor heat, 3pc bath. The spray foam walls ensure high energy efficiency and comfort. Upstairs, 2 separate 2 bedroom units with separate entrances and balconies. The thoughtful, open concept design is bright and spacious and both units have tons of closet storage! 200 amp service to both the house and the garage, parking for 7 cars. One look at the mechanical set up in the garage and its evident, quality and efficiency was top of mind. Take advantage of the rental income, and use the garage for your own business, or bring in even more income and rent the garage. Just 1 block from the vibrant downtown core of Hanover, opportunity is waiting in this awesome rental investment package! (41344508)

Location Description

Cross Streets: 9th st and 10th ave. ** Directions: Travelling on 7th Ave in Hanover, turn East onto 9th St, property on the south side of the road, see signs.

Property Summary

Property Type
Multi-family
Building Type
Other
Storeys
2
Square Footage
3000 - 3500 sqft
Community Name
Hanover
Land Size
69.9 x 180.3 FT
Annual Property Taxes
$8,200
Parking Type
Detached Garage, Garage
Time on REALTOR.ca
79 days

Building

Bedrooms
Above Grade
9
Bathrooms
Total
5
Interior Features
Appliances Included
Water meter, Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator
Basement Type
Unfinished
Building Features
Foundation Type
Stone
Rental Equipment
Furnace
Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters (Other)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Parking Type
Detached Garage, Garage
Total Parking Spaces
7

Measurements

Square Footage
3000 - 3500 sqft

Land

Lot Features
Fencing
Partially fenced
Frontage
69 ft ,10 in
Land Depth
180 ft ,3 in
Other Property Information
Zoning Description
C1
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