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!
For sale
C$1,150,000
182 12th St, Hanover, ON N4N 1T8
3beds
2baths
2,806sqft
Multi-6-9 Unit, Multi Family
Built in 1890
-- sqft lot
$-- Zestimate®
C$410/sqft
C$-- HOA
What's special
Historic charmModern upgradesOutside stairwayUpdated appliancesElectronic deadboltsNine parking spaces
- 131 days |
- 3 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Frank Leo, Salesperson,
RE/MAX WEST REALTY INC REXDALE
Source: ITSO,MLS®#: 40807834Originating MLS®#: Cornerstone Association of REALTORS®
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Natural Gas
Cooling
- Other
Appliances
- Included: Refrigerator, Stove
- Laundry: Other
Features
- Other
- Basement: Separate Entrance,Full,Finished
- Has fireplace: No
Interior area
- Total structure area: 2,806
- Total interior livable area: 2,806 sqft
- Finished area above ground: 2,806
Property
Parking
- Total spaces: 9
- Parking features: Private Drive Triple+ Wide
- Uncovered spaces: 9
Features
- Frontage type: North
- Frontage length: 76.50
Lot
- Size: 10,098 Square Feet
- Dimensions: 76.5 x 132
- Features: Park, Place of Worship, Schools
Details
- Parcel number: 372050053
- Zoning: R5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi-6-9 Unit, Multi Family
Materials
- Brick
- Foundation: Stone
- Roof: Metal
Condition
- 100+ Years
- New construction: No
- Year built: 1890
Utilities & green energy
- Sewer: Sewer (Municipal)
- Water: Municipal
Community & HOA
Location
- Region: Hanover
Financial & listing details
- Price per square foot: C$410/sqft
- Annual tax amount: C$6,294
- Date on market: 2/26/2026
- Inclusions: Other, Refrigerator, Stove
- Exclusions: Tenant Belongings
Frank Leo, Salesperson
Frank Leo, Salesperson
(416) 917-5466
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Price history
| Date | Event | Price |
|---|---|---|
| 2/25/2026 | Listed for sale | C$1,150,000C$410/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: N4N
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
- Ontario
- Grey County
- Hanover
- N4N 1T8
- 182 12th St




