297 6TH Street, HANOVER

2023-09-25
 

Quick Summary

Location
297 6TH Street, HANOVER, Ontario N4N1C3
Price
$1,375,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
4800ft2
Bedrooms:
8
Bathrooms:
8

MLS®#40490547

Property Description

Over 7% cap rate on this purpose built clean 8-plex. Stable tenants who pay their own separately metered hydro, many improvements, some units have been updated and modernized, new roof. Rents are below market value and there is room for future rent increases. Potential vendor take back for qualified buyers. No financial disclosures without a signed NDA. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Playground

Building

  • Basement Development: Unfinished
  • Basement Type: Partial (Unfinished)
  • Cooling Type: None
  • Exterior Finish: Brick, Concrete
  • Fireplace: No
  • Interior Size: 4800 sqft
  • Stories: 2
  • Utility Water: Municipal water

Land

  • Land Size: under 1/2 acre
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Zoning

  • Description: R5

Information entered by CENTURY 21 HERITAGE HOUSE LTD., Brokerage (Mount Forest)
Listing information last updated on: 2024-06-18 16:30:23


Book your free home evaluation with a 1% REALTOR® now!


How much could you save in commission selling with One Percent Realty?

Slide to select your home's price:

$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 5% + HST . Not all agents charge the same.

One Percent Realty's top FAQs

Q
What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

Q
What do you charge?

We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

Q
Are your listings on MLS®, realtor.ca and shared across the web?

Yes, yes, and yes.


Learn more about the One Percent Realty Deal