Listed by Trilliumwest Real Estate Brokerage Ltd.

552 7th Avenue is a Triplex, 2-Storey and is currently for Sale @ $849,000. Taxes in 2024 were $4,696.00.

More homes for sale under 800k in Hanover

Amazing investment opportunity. The 2-Storey on 552 7th Avenue has 6 bedrooms, 3 bathrooms, and is located on a 153.19 x 66 ft lot in the community of Hanover . A fully-renovated triplex, offering a total of 3 units, each with 2 bedrooms and 1 bathroom, spanning 2200 SQFT. This property is not only occupied at market rents per unit but also comes with approved site plans to add 3 more units, doubling the income potential. Additional features include separate meters for each unit, fully renovated with new windows in the existing triplex. Building plans, permits, and a detailed proforma are readily available. This is a prime investment opportunity for both new and seasoned investors, with all the groundwork already laid out. 2021 narrative appraisal completed for potential 3 unit addition available upon request.

The address 552 7th Avenue was listed for sale (MLS# X12298874) on Monday, July 21, 2025.