$1,190,000Asking Price
285 9th Street, Hanover, ON N4N 1L3
Hanover, Hanover
If your looking for a fantastic investment opportunity, why not look at two! This great profit turning property is all set for you. The large century home boast 3 separate rental units consisting of two, 2 bedroom units, and 1 one bedroom unit. Updates to the home include dual zone Viessmann boiler (2022) provides heat and hot water, Roof 2020, Deck (2024) Ductless A/C for unit 1 (2023) and so many more. Fire Inspection report done and completed in (2021). A new water softener keeps things fresh and clean as well. The secured entrance basement has tenant washer and dryer, and storage units for tenants. A solid 2.5 storey home! The bonus, is the new garage (built in 2024). I challenge you to find a better built garage/rental unit combo! The 25'x48.5' garage with a 14.5x48.5" covered portion, is ideally suited for a tradesmen to set up shop with its in-floor heat, 3pc bath. The spray foam walls ensure high energy efficiency and comfort. Upstairs, 2 separate 2 bedroom units with separate entrances and balconies. The thoughtful, open concept design is bright and spacious and both units have tons of closet storage! 200 amp service to both the house and the garage, parking for 7 cars. One look at the mechanical set up in the garage and its evident, quality and efficiency was top of mind. Take advantage of the rental income, and use the garage for your own business, or bring in even more income and rent the garage. Just 1 block from the vibrant downtown core of Hanover, opportunity is waiting in this awesome rental investment package!
If your looking for a fantastic investment opportunity, why not look at two! This great profit turning property is all set for you. The large century home boast 3 separate rental units consisting of two, 2 bedroom units, and 1 one bedroom unit. Updates to the home include dual zone Viessmann boiler (2022) provides heat and hot water, Roof 2020, Deck (2024) Ductless A/C for unit 1 (2023) and so many more. Fire Inspection report done and completed in (2021). A new water softener keeps things fresh and clean as well. The secured entrance basement has tenant washer and dryer, and storage units for tenants. A solid 2.5 storey home! The bonus, is the new garage (built in 2024). I challenge you to find a better built garage/rental unit combo! The 25'x48.5' garage with a 14.5x48.5" covered portion, is ideally suited for a tradesmen to set up shop with its in-floor heat, 3pc bath. The spray foam walls ensure high energy efficiency and comfort. Upstairs, 2 separate 2 bedroom units with separate entrances and balconies. The thoughtful, open concept design is bright and spacious and both units have tons of closet storage! 200 amp service to both the house and the garage, parking for 7 cars. One look at the mechanical set up in the garage and its evident, quality and efficiency was top of mind. Take advantage of the rental income, and use the garage for your own business, or bring in even more income and rent the garage. Just 1 block from the vibrant downtown core of Hanover, opportunity is waiting in this awesome rental investment package!
See MoreKey Info
- 2-Storey Multiplex
- 4+ Parking
- Detached Garage
- 9th st and 10th ave
- 3000-3500 Approximate Sq Feet
- No Ensuite Laundry
- Baseboard
- No A/C
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $8,200 in 2025
- Possession: Flexible
Details
- Brick Exterior
- No Fireplace
- 5 Kitchens
- MLS #X12428184
- RE/MAX Grey Bruce Realty Inc.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 1 4-Piece Bathroom on Main Floor | |||
| 1 4-Piece Bathroom | |||
| 1 4-Piece Bathroom | |||
| 2 4-Piece Bathrooms | |||
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Who lives here?
Hanover, Hanover is a north GTA neighbourhood.
Families
Kids Per Family
0.9
kids per family
in the neighbourhood.
Singles
44%
of residents are
single and loving it.
44% singles
Hanover (44%)Renters
39%
of residents
are renters.
39% renters
Hanover (39%)Education
15%
of residents are
university grads.
15% university grads
Hanover (15%)Income
Average Household Income
$83K
is the average household
income in the neighbourhood.
Professions
Professions
| Sales | 19% |
| Trades | 11% |
| Government | 7% |
| Business | 6% |
| Manufacturing | 6% |
Immigrants
5%
of residents were
born outside of Canada.
5% immigrants
Hanover (5%)Birthplace - All
1.5% from UK
All-time
Birthplace - Recent
0.1% from UK
Recent
Foreign Languages
Foreign Languages
| German | 2% |
| French | 1% |
Religions
Religions
| Christian | 77% |
| Muslim | 1% |
| Hindu | 1% |
| Jewish | 1% |
