Gurvinder Nokwal REALTOR®
For Sale Multiplex 27 days on market

$3,100,000

Est. payment $13,726/moCalculate yours

591 12th Street, Hanover, ON N4N 1W5

Hanover, Hanover, ON N4N 1W5

  • 30 Beds
  • 15 Baths
  • 5,000 Sq Ft
Map

Listing courtesy of LEAF AND PALM REALTY CORP. MLS® X13810916

About this home

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.

Property details

Overview

Property Type
Multiplex
Style
3-Storey
For
For Sale
Status
New
Approximate Age
51-99
Size
5,000 sqft

Interior

Bedrooms
30
Bathrooms
15
Kitchens
15
Basement
None

Building & Systems

Heating
Radiant (Gas)
Cooling
Other, Window Unit(s)
Exterior
Brick Veneer, Metal/Steel Siding
Foundation
Concrete
Roof
Membrane
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
120 x 150 Feet
Parking
None garage · 23 total
Zoning
multifamily

Financial

Property Taxes
$14,681 (2026)

Location

Neighbourhood
Hanover
Cross Street
12th street
Direction Faces
North

Listing

MLS® Number
X13810916
Days on Market
27
Listed On
2026-09-21
Listed By
LEAF AND PALM REALTY CORP.

Features

Interior

  • Carpet Free

Pool

  • None

Mortgage calculator

Minimum for this price: $620,000 (20%)

Amortization, years

Estimated mortgage payment

$13,726 per month

Principal and interest
$13,726
Property tax
$1,223
Estimated monthly cost
$14,950

Your mortgage

Mortgage amount
$2,480,000
Mortgage insurance
Not needed
Interest over 25 years
$1,637,839

Cash to close

Down payment
$620,000
Land transfer tax
$63,975
Total, before legal fees
$683,975
Talk to me about financing

Estimates 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

591 12th Street, Hanover, ON N4N 1W5 Hanover, Hanover, ON N4N 1W5
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$3,100,000 591 12th Street, Hanover, ON N4N 1W5
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