477 12th Avenue

Hanover, ON

1,890 sqft • Investment • 137 days on market

$599,900

Live, Work & Earn - All in One Property! Opportunities like this don't come up often. This well-kept mixed-use property sits on a fully fenced 83' x 132' lot and offers the flexibility to run your business while generating rental income. The main floor commercial space-previously a daycare-features an open, adaptable layout with two washrooms, ideal for a variety of uses. Character shines throughout with original hardwood floors and beautiful woodwork. Upstairs and lower living spaces are bright, clean, and ready to go-perfect for living on-site while renting out additional space to offset your costs. Major updates already done, including roof and furnace (since 2021). Outside offers plenty of parking, strong curb appeal, three storage sheds, and a 60-amp panel for future upgrades like a hot tub or EV charger. A smart move for business owners, investors, or anyone looking for a flexible income property .Book your showing and explore the potential.

Listing Details

Taxes (2025): $4,598
Listed: April 6, 2026

Price History

Listing history

Property

Lot Size: 83 x 132 Feet

Location & Legal

Cross Street: 10th Street
Zoning: C1
Parcel Number: 372030165
Possession: Flexible

Commercial

Occupancy: Owner
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, swing set, 1 vinyl top shelter in south east corner of the yard, hot water heater
Exclusions: Please add deposit clause to all offers "The Buyer agrees to submit the deposit to the Seller's Lawyer, by the method of the Lawyers choosing within 7 days of a firm and binding agreement"

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: $514,950
Homes sold: 116
Median days on market: 44
Sale-to-list price: 96.8%

Based on 116 recorded sales of commercial properties in Hanover over the last 12 months.

Listed by

Peak Edge Realty Ltd.