Connie Huibers - Coldwell Banker Momentum Logo
$1,150,000
( $409.84Per Sq Foot )
 $6,173 est/mo Sourced by Back At You

182 12th Street,Hanover, ON N4N 1T8

Hanover, ON N4N 1T8

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Description

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!

Details

MLS #X12819974
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site176
Listing Provided ByRE/MAX WEST REALTY INC. | FRANK LEO

Features

SQ Feet2,806
ZoningR5
Acreage0.06

Interior

CoolingPartial

Utilities

UtilitiesYes

Taxes

Tax Annual Amount6294
Tax TypeAnnual
Tax Legal DescriptionLT 48 PL 770 HANOVER; HANOVER
Tax Year2026

Area Information

ProvinceON
RegionGrey County
CityHanover
Postal CodeN4N 1T8
AreaHanover
Listing VS Median (in N4N 1T8)
Price:
$1,150,000
low | high
Med:
$1,150,000
50% of Average
sqft:
2,806
low | high
Med:
2,806
50% of Average
$ / sqft:
$410
low | high
Med:
$410
50% of Average
On site:
176
low | high
Med:
176
100% of Average
Sourced by Back At You

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Learn More About This Property

Connie Huibers

Connie Huibers

Momentum Realty

Real Estate Broker (905) 988-7778connie-huibers@coldwellbanker.ca
ProvinceON
RegionGrey County
CityHanover
Postal CodeN4N 1T8
AreaHanover
Listing VS Median (in N4N 1T8)
Price:
$1,150,000
low | high
Med:
$1,150,000
50% of Average
sqft:
2,806
low | high
Med:
2,806
50% of Average
$ / sqft:
$410
low | high
Med:
$410
50% of Average
On site:
176
low | high
Med:
176
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $862K - $1.437M
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
182 12th Street Property Photo 1
$1,150,000
182 12th Street
Hanover, ON N4N 1T8
Listing Updated: May 26, 2026 at 10:39:42 PM PDT

Connie Huibers - Coldwell Banker Momentum