552 7th Avenue
Hanover, ON N4N 2J7
- 6Bedrooms
- 3Bathrooms
- 8Parking
- 2000–2500Sq Ft
- $4,696Tax
- 66×153 ftLot Size
Free EstimateSee Free Estimate Report
Property not available for sale or for rent.
HOMEH One: full-service selling for a 1% listing fee. The buyer's agent commission is separate.
Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 552 7th Avenue, Hanover
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2025-07-21 | 2026-05-31 | Login to See Prices | Expired | x12298874 |
Real estate boards require you to or to see the full details of this property.
*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 552 7th Avenue, Hanover
Summarized Description
- Investment opportunity with fully renovated triplex.
- Each unit has 2 bedrooms and 1 bathroom.
- Total area of 2200 SQFT across three units.
- Market rents currently occupied in all units.
- Approved plans to add 3 more units available.
- Separate meters for each unit enhance management.
- Detailed proforma and appraisal available upon request.
- Ideal for both new and seasoned investors.
Amazing investment opportunity. A fully-renovated triplex, offering a total of 3 units, each with 2 bedrooms and 1 bathroom, spanning 2200 SQFT. This property is not only occupied at market rents per unit but also comes with approved site plans to add 3 more units, doubling the income potential. Additional features include separate meters for each unit, fully renovated with new windows in the existing triplex. Building plans, permits, and a detailed proforma are readily available. This is a prime investment opportunity for both new and seasoned investors, with all the groundwork already laid out. 2021 narrative appraisal completed for potential 3 unit addition available upon request.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,696
- Land Transfer Tax Fee
- $13,455
- Basement Type
- Unfinished
Interior Features
- Interior Extras
- Separate Heating Controls, Separate Hydro Meter
- Security Features
- Carbon Monoxide Detectors
- Fireplace/Stove
- Yes
- Fireplace Features
- Fireplace Insert, Natural Gas
- Elevator
- No
Exterior Features
- Pool
- None
- Property Features
- Other
- Other Structures
- Storage
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete
- Special Designation
- Other, Unknown
Lot
- Lot Front
- 66.00 ft
- Lot Depth
- 153.19 ft
- Lot Size
- 10110
Exclusions
- Exclusions
- All tenant belongings
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 8
- Total Garage And Parking Spaces
- 8
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Radiant
- Air Conditioning
- Wall Unit(s)
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 6
- Washrooms
- 3
- Kitchens
- 3
Washrooms
- 4-piece, Ground
- 4-piece, Second
- Municipality
- Hanover
- Neighbourhood
- Hanover
- Main cross streets
- Bruce rd 10 and 13th St
- Zoning
- R1A11
- Directions
- Bruce rd 10 and 13th St
- Waterfront
- None
- MLS® number
- X12298874
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-05-31
- Listed on
- 2025-07-21
- Days on market
- 314 days
- Possession date
- 2025-07-21
- Possession type
- Immediate
- Co-op commission
- 2% Plus HST
- Seller
- Listed by
- Trilliumwest Real Estate Brokerage Ltd
Home Market Value
Current home valuation for 552 7th Avenue, Hanover, Hanover, ON. Listed for $849,000
HOMEH Estimate
—
Estimated Sales Range
—
HOMEH Estimate for 552 7th Avenue, Hanover
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
For the owner
Is this your home? Track its value.
Get this home's HOMEH Estimate by email once a month, with how many homes are for sale around you.
Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $349,000 over $500K
$59,900
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $31,549 | $23,687 | $20,206 | $0 |
=Total mortgage | $820,270 | $787,787 | $741,856 | $679,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $4,005monthly | $3,846monthly | $3,622monthly | $3,316monthly |
Land Transfer Tax
$13,455
$13,455
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
Ask HOMEH
New!Hi there!
👋Text or call (416) 301-9001
Recommended for you
Based on homes you've looked at.
No recommended properties found.
Nearby similar homes
No nearby properties found.
More real estate resources
Other homes nearby
Explore this area
No nearby listings available.