Listed for:Listed 24 days ago
$3,100,000

591 12th Street

Hanover, ON N4N 1W5

Multiplex For Sale
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 591 12th Street, 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 591 12th Street, Hanover

Summarized Description

  • 15 spacious two-bedroom apartments available.
  • Fully updated with modern kitchens and bathrooms.
  • Private balconies for each apartment.
  • Concrete construction ensures durability.
  • Located in an established neighborhood.
  • Convenient access to shopping and parks.
  • On-site parking spaces included.
  • Broad rental appeal in a limited market.

This well-positioned multi-residential building offers 15 spacious two-bedroom apartments, with private balconies, plus 23 on-site parking spaces. The property has been fully updated inside and out. Common-area improvements include a new rubber membrane roof, concrete restoration to the balconies, new railings, partial window replacement, and refreshed interior design. Most suites have been updated with large-format European tile, new kitchens, dishwashers, and modern bathrooms. Built to last with full concrete construction and terrazzo flooring throughout the common areas, the building sits on a generous lot in an established residential neighborhood, with convenient access to shopping, the hospital, schools, parks, and everyday amenities. The consistent all-two-bedroom unit mix delivers broad rental appeal in a market with a limited supply of purpose-built rental apartments. Listing salesperson is a licensed real estate professional and holds an ownership interest in the subject property.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$14,681
Land Transfer Tax Fee
$63,975

Basement Type
None

Interior Features

Laundry Level
Lower Level
Interior Extras
Carpet Free
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Controlled Entry, Year Round Living
Pool
None

Building

Building Type
Multiplex
Building Style
3-Storey
Approx Age
51-99

Construction

Exterior Finish
Brick Veneer, Metal/Steel Siding
Roof
Membrane
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
120.00 ft
Lot Depth
150.00 ft

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
23
Total Garage And Parking Spaces
23

Heating & Cooling

Heat Source
Gas
Heat Type
Radiant
Air Conditioning
Other, Window Unit(s)
Water
Municipal
Sewers
Sewer

Washrooms
15
Kitchens
15

Washrooms

  • 3-piece

Municipality
Hanover
Neighbourhood
Hanover
Main cross streets
12th street
Zoning
multifamily
Directions
17th avenue
Waterfront
None

MLS® number
X13810916
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-21
Updated on
2026-09-21
Days on market
24 days
Possession date
2026-10-01
Possession type
Immediate
Co-op commission
2%
Seller
Listed by
LEAF AND PALM REALTY CORP.

Home Market Value

Current home valuation for 591 12th Street, Hanover, Hanover, ON. Listed for $3,100,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 591 12th Street, 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:20.0%

20% required for homes $1.5M or more

Minimum down payment

$620,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$0$0$0$0
=Total mortgage
$2,480,000$2,325,000$2,170,000$2,015,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$12,109monthly$11,352monthly$10,595monthly$9,838monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$63,975

Total Land Transfer Tax

$63,975

Around this home

5/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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