For Sale

581 7TH Avenue, Hanover, Ontario N4N 2J9

$349,000

581 7TH Avenue, Hanover, Ontario N4N 2J9 is For Sale and has a listing price of 349,000. The property is located in the Hanover neighbourhood . It's been on the website for 7 Days.

  • Duplex
    Property Type
  • 2
    Bedrooms
  • 2
    Bathrooms
  • MLS ID: X12845074
  • Office Name Royal LePage RCR Realty
Property Description

Looking to expand your investment portfolio? This solid, brick two-storey offers options-it is currently configured as a duplex (one unit will be vacant end of April) but could easily be converted back to a single-family residence with the removal of one hallway wall. Upgrades include a durable Superior Steel Roof (2021-with 50 year warranty), upper deck redone (2025), Bradford natural gas power vent water heater (2021), windows (approx 2020), upstairs unit -paint, bathroom sink and toilet (2025). The main floor and upper units are both rented on a month-to-month basis with upstairs tenant leaving end of April, offering flexibility for owner occupancy. The main floor tenant is very good and takes care of lawn maintenance, gardens, and snow removal.This unit offers a living room, eat-in kitchen, bedroom, bathroom, office, and a storage room with access to the basment and attached garage/shed. This unit could use decor updates. Upstairs, you’ll find a bright and welcoming unit with a living room, bedroom, hall closet/workspace, bathroom, and a sunny kitchen with access to a private deck. Heated by natural gas hot water boiler. Outside, enjoy a spacious backyard with mature trees, partially fenced, covered front porch, two storage sheds and parking for 3 cars. Walking distance to the downtown. Good rate of return at 6.5%. See summer photos.

Property Details
  • Bedrooms: 2
  • MLS ID: X12845074
  • Bathrooms: 2
  • Price: $349,000
  • Lot Depth: 145
  • Transaction Types: For Sale
  • Ref ID: X12845074
  • Year Built: N/A
  • Approx Sqft: 1500-2000
  • Dir / Cross St: 7th Ave and 13th St
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 100+
  • Property Type: Duplex
  • Property Type: All Houses
  • Property Sub Category: Duplex
Price History
List Date MLS ID List Price Status End Date Closed Price
03/04/2026 X12845074 $349,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Hanover
  • $630,707 Average List Price
    based on 1 year
  • 30 New Listings
    based on 30 days
  • 68 Median Days on Market
    based on 1 year
  • List vs. Selling Price 62.28 % Up
  • Sold (12mo) 124
  • Rented (12mo) 6

  • 1 Month Change -
  • 3 Month Change -
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Water
  • Heat Source Gas
  • Style 1 1/2 Storey
  • Washroom Type1: 1
  • Garage Type Attached
  • Parking Spaces: 3
  • Exterior Brick
  • Kitchen 2
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 2: 1
  • Taxes: $2,104
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: flexible
  • Listing Entry Date: 04/03/2026 18:11:43
Want to see this property?