477 12th Avenue
Hanover, ON
- 1,890 sqft
- Office
- 301 days 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.
Listing Details
- Taxes (2025)
- $4,598
- Listed
- November 7, 2025
Price History
Listing history
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Property
- Lot Size
- 83 x 132 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- 10th Street
- Zoning
- C1
- Parcel Number
- 372030165
- Possession
- Flexible
- Occupancy
- Vacant
Commercial
- Office / Apartment Area
- 1015 Sq Ft
Included
- Inclusions
- All window coverings, 3 sheds, window air conditioner, 3 stoves, 3 refrigerators, 2 dishwashers, 1 washer, 1 dryer, built in microwave on main floor, swingset, 1 vinyl top shelter in south east corner of the yard, hot water heater
Property Insights
AI-generated from listing photos. Not professional advice.
Community
Postal area N4N
- Population
- 10,341
- Private dwellings
- 4,849
- Median age
- 49.6
- Average household size
- 2.3
- Median household income
- $73,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Hanover · last 12 months
- Median sold price
- $517,000
- Homes sold
- 113
- Median days on market
- 44
- Sale-to-list price
- 96.8%
Based on 113 recorded sales of commercial properties in Hanover over the last 12 months.
Listed by
Peak Edge Realty Ltd.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 1,890 sq ft
- Price per sq ft
- $317.41
- Annual property tax
- $4,598
- Tax per sq ft
- $2.43
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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Reita is an automated assistant, not a licensed real estate agent. This listing mentions The basement unit previously rented for $1,500/month, and the upper unit had an offer of $2,000 per month.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?