188 9th Street
Hanover, Ontario N4N1L2

4 beds · 2 baths · 2080 sqft

Solid 1.5 storey home, currently a duplex, easily convertible back to a single-family home, located on a quiet lot with mature trees within walking distance to the downtown amenities. The property is owner-occupied, allowing new owners to set the rent. With some updating, this is a good investment property. The main floor apartment features 2+1 versatile bedrooms, one bathroom, a lower-level bedroom, a large bedroom with a bay window that could serve as a living room, and a current living room that could double as a dining room. There is also a storage room that could be an additional bedroom, a back addition with stairs leading to the lower level, which includes a bedroom, utility room, laundry area, and two water heaters. The upstairs is a separate one-bedroom apartment with its own 60 amp meter and baseboard heating. The gas furnace is currently set up for the main floor but can heat the whole house. It has a fenced backyard with a non-working pool sold as-is. Ample parking, no rentals, roof was replaced in 2017. Zoning C1-44 allows for a business, many of the homes in this area allow for this as they are in the downtown area. Taxed at residential rate. (id:39198)

Facts & Features

Building Type House, Detached

Year built 1910

Square Footage 2080 sqft

Stories 1.5

Bedrooms 4

Bathrooms 2

Parking 6

NeighbourhoodHanover

Land size under 1/2 acre

Heating type Baseboard heaters, Forced air

Basement typePartial (Partially finished)

Parking Type

Time on REALTOR.ca65 days

This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.

Brokerage Name: ROYAL LEPAGE RCR REALTY

Powered by: REALTOR.ca

Home price

$485,000

Start with 2% down and save toward 5% in 3 years*

* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.

$4,412 / month

Rent $3,901

Savings $510

Initial deposit 2%

Savings target Fixed at 5%

Start with 5% down and save toward 5% in 3 years.

$3,888 / month

Rent $3,782

Savings $106

Initial deposit 5%

Savings target Fixed at 5%

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