$599,900
Est. payment $2,656/moCalculate yours
477 12th Avenue, Hanover, ON N4N 2V1
Hanover, Hanover, ON N4N 2V1
- 3 Beds
- 4 Baths
- 1,500 Sq Ft
Listing courtesy of Peak Edge Realty Ltd. MLS® X12966018
About this home
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.
Property details
Overview
- Property Type
- Triplex
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 1,500 sqft
Interior
- Bedrooms
- 3
- Bathrooms
- 4
- Kitchens
- 3
- Basement
- Finished with Walk-Out
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- None
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Fibreglass Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 83 x 132 Feet
- Parking
- None garage · 6 total
Financial
- Property Taxes
- $4,598 (2025)
Location
- Neighbourhood
- Hanover
- Cross Street
- 10th street
- Direction Faces
- East
Listing
- MLS® Number
- X12966018
- Days on Market
- 195
- Listed On
- 2026-04-06
- Possession
- 30 Days
- Listed By
- Peak Edge Realty Ltd.
Features
Interior
- Water Heater Owned
Pool
- None
- Included
- 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
Mortgage calculator
Estimated mortgage payment
$2,656 per month
- Principal and interest
- $2,656
- Property tax
- $383
- Condo fees
- $0
- Estimated monthly cost
- $3,039
Your mortgage
- Mortgage amount
- $479,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $316,948
Cash to close
- Down payment
- $119,980
- Land transfer tax
- $8,473
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $128,453
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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