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.
Lot approximately 83 x 132 (square feet units noted in listing data)
Home design
Triplex residential income property
2-storey building
Parking
6 parking spaces total
Construction
Brick construction
Utilities
Public water
Other
Annual property tax listed (amount available in listing data)
Electricity and solar
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Sale and tax history for 477 12th Ave
Sale History
Tax History
Date
Event
Price
TREB #X12966018
Apr 7, 2026
Listed
$599,900
TREB #X12523874
Apr 1, 2026
Delisted
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Nov 7, 2025
Listed
$599,900
+34
Versatile Opportunity in Hanover! This immaculate property offers a rare combination of commercial and residential space on a fully fenced 83' x 132' lot. Zoned for mixed use, it's set up as a triplex layout featuring a main floor commercial unit plus two residential units - a 2-bedroom upper and a 1-bedroom lower. The main floor, formerly a private daycare known as the Montessori School, includes two 2-piece bathrooms and flexible open space ideal for a variety of business types. You'll love the original hardwood floors and beautiful woodwork that flow throughout, adding warmth and timeless character. Both residential units are bright, clean, and move-in ready, and the entire building shows pride of ownership throughout. The basement unit previously rented for $1,500/month, and the upper unit had an offer of $2,000 per month. With the building being owner occupied you can set your own rents and use the main floor for your own business or seek a commercial tenant. The property also includes three storage sheds, appliances, and excellent curb appeal with plenty of parking and outdoor space. There is an outdoor 60 amp electrical panel for a hot tub or possibly an EV charger. This is an ideal opportunity for investors, business owners, or those seeking a live/work setup in a desirable Hanover location. Many updates since 2021. Contact me for a list of updates or to book a showing.
As the MLS and public records start to fill up, we'll list the details here.
Public record
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Style
Single Family Residential
Region
Grey County
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Last updated by owner on Sep 21, 2020.
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