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$599,900Asking Price

477 12th Avenue, Hanover, ON N4N 2V1

Hanover, Hanover

Triplex
3
Bedrooms
4
Baths
4
Parking
Day on Market

Versatile Opportunity in Hanover! This immaculate property offers a rare combination of commercial and residential space on a fully fenced 83' x 132' lot. Zoned for mixed use, it's set up as a triplex layout featuring a main floor commercial unit plus two residential units - a 2-bedroom upper and a 1-bedroom lower. The main floor, formerly a private daycare known as the Montessori School, includes two 2-piece bathrooms and flexible open space ideal for a variety of business types. You'll love the original hardwood floors and beautiful woodwork that flow throughout, adding warmth and timeless character. Both residential units are bright, clean, and move-in ready, and the entire building shows pride of ownership throughout. The basement unit previously rented for $1,500/month, and the upper unit had an offer of $2,000 per month. With the building being owner occupied you can set your own rents and use the main floor for your own business or seek a commercial tenant. The property also includes three storage sheds, appliances, and excellent curb appeal with plenty of parking and outdoor space. There is an outdoor 60 amp electrical panel for a hot tub or possibly an EV charger. This is an ideal opportunity for investors, business owners, or those seeking a live/work setup in a desirable Hanover location. Many updates since 2021. Contact me for a list of updates or to book a showing.

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Versatile Opportunity in Hanover! This immaculate property offers a rare combination of commercial and residential space on a fully fenced 83' x 132' lot. Zoned for mixed use, it's set up as a triplex layout featuring a main floor commercial unit plus two residential units - a 2-bedroom upper and a 1-bedroom lower. The main floor, formerly a private daycare known as the Montessori School, includes two 2-piece bathrooms and flexible open space ideal for a variety of business types. You'll love the original hardwood floors and beautiful woodwork that flow throughout, adding warmth and timeless character. Both residential units are bright, clean, and move-in ready, and the entire building shows pride of ownership throughout. The basement unit previously rented for $1,500/month, and the upper unit had an offer of $2,000 per month. With the building being owner occupied you can set your own rents and use the main floor for your own business or seek a commercial tenant. The property also includes three storage sheds, appliances, and excellent curb appeal with plenty of parking and outdoor space. There is an outdoor 60 amp electrical panel for a hot tub or possibly an EV charger. This is an ideal opportunity for investors, business owners, or those seeking a live/work setup in a desirable Hanover location. Many updates since 2021. Contact me for a list of updates or to book a showing.

  OPEN HOUSE

Key Info

  • 2-Storey Triplex
  • 4 Parking
  • No Garage
  • 10th Street
  • 1500-2000 Approximate Sq Feet
  • No Ensuite Laundry
  • Baseboard Electric Heating
  • Central Air

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $4,598 in 2025
  • Possession: Vacant so Flexible

Details

  • Brick/Aluminum Siding Exterior
  • No Fireplace
  • 3 Kitchens
  •  
  • MLS #X12523874
  • Peak Edge Realty Ltd.

Extras

Room Floor Dimensions Details
Washroom2 2-Piece Bathrooms on Main Floor
Washroom1 4-Piece Bathroom
Washroom1 4-Piece Bathroom
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Schools
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Public Catholic French
Primary
Middle
Secondary
Primary
Middle
Secondary
French Immersion Public
Commute

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Amenities
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0 Dog Parks
0 Daycares
6 Groceries Hanover Eat Well Farmers Market, Grestalimited, Foodland
3 Coffee Spots Schultz's Gone Totally Baked, Tim Hortons, Tim Hortons
23 Restaurant/Bars New Orleans Pizza, Queen's Bush Pub, Subway Hanover
21 Park/Rec/Gyms Vmax Fitness Studio, Unique Relaxation, Woodworkers Club
1 Hospital Lady Minto Hospital
2 Libraries Hanover Public Library, Bruce Grey Catholic District School Board
16 Places of Worship Hanover Baptist Church, Saint Andrew's Presbyterian Church, Pathway Church
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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.

Hanover  (0.9)

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.

Hanover  ($83K)

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

UK was once home to 1.5% of immigrants.
Netherlands 0.5%
Germany 0.5%
Croatia 0.4%
USA 0.4%

1.5% from UK
All-time

Birthplace - Recent

UK was once home to 0.1% of immigrants.

0.1% from UK
Recent

Foreign Languages

Foreign Languages
German 2%
French 1%

Religions

Religions
Christian 77%
Muslim 1%
Hindu 1%
Jewish 1%