Listed for:Listed Apr 6, 2026
$599,900

477 12th Avenue

Hanover, ON N4N 2V1

Multiplex For Sale
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Sale & Price History for 477 12th Avenue, Hanover

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 477 12th Avenue, Hanover

Summarized Description

  • Versatile mixed-use property for business and rental income.
  • Open adaptable layout suitable for various uses.
  • Character features like original hardwood floors.
  • Major updates on roof and furnace since 2021.
  • Fully fenced lot with ample parking available.
  • Potential for future upgrades with 60-amp panel.
  • Bright and clean living spaces ready for occupancy.

Live, Work & Earn - All in One Property! Opportunities like this don't come up often. This well-kept mixed-use property sits on a fully fenced 83' x 132' lot and offers the flexibility to run your business while generating rental income. The main floor commercial space-previously a daycare-features an open, adaptable layout with two washrooms, ideal for a variety of uses. Character shines throughout with original hardwood floors and beautiful woodwork. Upstairs and lower living spaces are bright, clean, and ready to go-perfect for living on-site while renting out additional space to offset your costs. Major updates already done, including roof and furnace (since 2021). Outside offers plenty of parking, strong curb appeal, three storage sheds, and a 60-amp panel for future upgrades like a hot tub or EV charger.A smart move for business owners, investors, or anyone looking for a flexible income property. Book your showing and explore the potential.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,598
Land Transfer Tax Fee
$8,473

Basement Type
Finished with Walk-Out

Interior Features

Interior Extras
Water Heater Owned
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Brick
Roof
Fibreglass Shingle
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
83.00 ft
Lot Depth
132.00 ft

Inclusions

Inclusions
All window coverings, 3 sheds, window air conditioner, 3 stoves, 3 refrigerators, 2 dishwashers, 1 washer, 1 dryer, built in microwave on main floor, swingset, 1 vinyl top shelter in south east corner of the yard, hot water heater

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
6
Total Garage And Parking Spaces
6

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
3
Washrooms
4
Kitchens
3

Washrooms

  • 2-piece
  • 4-piece, Second
  • 4-piece, Basement

Municipality
Hanover
Neighbourhood
Hanover
Main cross streets
10th street
Directions
477 12th Ave Hanover

MLS® number
X12966018
Data source
Toronto Regional Real Estate Board
Listed on
2026-04-06
Updated on
2026-04-07
Days on market
192 days
Possession date
2026-04-29
Possession type
Flexible
Co-op commission
2
Seller
Listed by
Peak Edge Realty Ltd.

Home Market Value

Current home valuation for 477 12th Avenue, Hanover, Hanover, ON. Listed for $599,900

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 477 12th Avenue, Hanover

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Hanover, ON
Minimum Down Payment Required:5.8%

5% on first $500K + 10% on $99,900 over $500K

Minimum down payment

$34,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$22,580$16,737$14,278$0
=Total mortgage
$587,086$556,647$524,193$479,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,866monthly$2,718monthly$2,559monthly$2,343monthly
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Land Transfer Tax

Provincial

$8,473

Total Land Transfer Tax

$8,473

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