For Sale

182 12th Street, Hanover, Ontario N4N 1T8

$1,150,000

182 12th Street, Hanover, Ontario N4N 1T8 is For Sale and has a listing price of 1,150,000. The property is located in the Hanover neighbourhood . It's been on the website for 2 Days.

  • Multiplex
    Property Type
  • 8
    Bedrooms
  • 6
    Bathrooms
  • MLS ID: X12819968
  • Office Name RE/MAX WEST REALTY INC.
Property Description

Amazing 6 plex investment opportunity close to GTA featuring a cap rate over 7% and room for more growth. This property has R5 zoning, offering the potential for additional unit development. The current configuration includes four one-bedroom and two two-bedroom units, with a six figure income there is great return on the property with market rate rents. Property was formerly the Hanover Lutheran Church, the building retains historic charm with modern upgrades, including an on-demand hot water system (domestic and in-floor heating), siding, an outside stairway, updated appliances, electronic deadbolts, and cosmetic upgrades all within the past few years. With nine parking spaces and a split utility structure (landlord pays water/sewer, tenants pay hydro; main floor and second level units pay gas heat, landlord pays in-floor gas heat in two level units), this is a turn-key investment with the only thing missing being you!

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: X12819968
  • Price: $1,150,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 132
  • Ref ID: X12819968
  • Approx Sqft: 2500-3000
  • Dir / Cross St: seventh ave and twelfth st
  • Status: Active
  • Tax Year: 2026
  • Property Type: Multiplex
  • Property Sub Category: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
02/25/2026 X12819968 $1,150,000 For Sale - -
02/25/2026 X12819974 $1,150,000 For Sale - -
10/01/2025 X12436997 $1,300,000 For Sale -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Hanover
  • $636,823 Average List Price
    based on 1 year
  • 28 New Listings
    based on 30 days
  • 126 Median Days on Market
    based on 1 year
  • List vs. Selling Price 62.53 % Up
  • Sold (12mo) 120
  • Rented (12mo) 5

  • 1 Month Change -
  • 3 Month Change -100.0%
  • 6 Month Change -
Walkscore
  • 83 Walk Score
    Very Walkable
  • 45 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    85.32%
  • Commercial
    10.68%
  • Condo
    3.84%
  • Land for Sale
    0.16%
Additional Details
  • Heat Type Other
  • Heat Source Gas
  • Style 3-storey
  • Washroom Type1: 1
  • Garage Type Y
  • Parking Spaces: 9
  • Exterior Brick
  • Kitchen 6
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 3
  • Washrooms Type 3 # Pcs: 3
  • Washrooms Type 4 # Pcs: 4
  • Washrooms Type 5 # Pcs: 3
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Washrooms Type 4: 1
  • Washrooms Type 5: 2
  • Taxes: $6,294
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: negot
  • Listing Entry Date: 25/02/2026 18:40:23
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