477 12th Avenue, Hanover, ON

$599,900
MLS#:X12966018
3 beds
4 baths
1500-2000 sqft
6.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] triplex located in the coveted neighborhood of Hanover. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $599,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 4 Bathrooms with 3 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 83 x 132 ft lot
  • Features a ["finished with walk-out"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: Water Heater Owned
  • equipped with ["none"] central cooling and highly efficient forced air heating via gas

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.

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Key Features

Bedrooms
3
Bathrooms
4
Kitchens
3
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date4/6/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeTriplex
ConstructionBrick
Lot Size83 × 132 Feet
CountyGrey County
Annual Tax$4,598.26
Legal DescriptionPT LT 9-10, 25 PL 732 HANOVER AS IN R439327; HANOVER

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["None"]

Features

Property Features

Community Features

Location

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477 12th Avenue, Hanover, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Hanover, Hanover.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$568,042

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Holy Family
Public334 10th Avenue, Hanover, Ontario, N4N 2N5
6.2
Hanover Heights
Public524 13th Street, Hanover, Ontario, N4N 1Y4
4.7
Dawnview
Public149 12th Avenue, Hanover, Ontario, N4N 2S8
6.7

Secondary Schools

John Diefenbaker
Public181 7th Street, Hanover, Ontario, N4N 1G7
6.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 477 12th Avenue, Hanover, ON N4N 2V1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$479,920
Monthly Mortgage$2,789
Property Tax (Est.)$383
Utilities & Maint.$350
Total Monthly Cost$3,522

Nearby School Rankings

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Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Hanover.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.