Where History Meets Opportunity! Are you a couple dreaming of earning an excellent income from your own established short-term accommodations business while enjoying the charm of small-town living? This remarkable Hanover property offers the best of both worlds. Built in 1906 as a church parsonage, this distinguished home carries more than a century of history while embracing todays versatility. With over 3,300 sq. ft. above grade, the residence provides abundant space for family life, business, or both. Currently operating successfully as a Guest House, the property benefits from C1 zoning, allowing a wide range of uses such as retail, professional office, wellness clinic, or personal services. Inside, you'll find 8 bedrooms, 2 kitchens, and a bathroom on each of the four fully finished floors perfect for multi-generational living, income opportunities, or hosting guests. The sunlit deck is ideal for morning coffees and evening reflections, while the enclosed front porch doubles as a welcoming storefront or retail space. A double-car detached garage with attached workshop adds practicality for hobbies or business needs. Step outside and you're immersed in Hanover's small-town spirit. Walk to downtown shops, local restaurants, and cultural attractions like the Civic Theater, The Giddy Goblin, and Playtime Casino, all just a short stroll away. The community's warmth, paired with ample on-site parking, makes this property as functional as it is inviting. This is more than a home, its a canvas for your vision. Whether you're seeking a character-filled family residence, a thriving business venture, or a seamless blend of both, 540 10th Avenue adapts to your aspirations. Seize the opportunity to write the next chapter in this homes storied legacy. Floor plans attached.
Address
540 10th Avenue
List Price
$724,000
MLS® Status
New
Expiration Date
2025-12-31
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
For Sale
Area
Hanover
Region
Grey County
Bedrooms (Total)
8
Bathrooms
1
Lot Size Source
MPAC
Lot Depth
165
Lot Shape
Rectangular
Lot Type
Building
Lot Size Units
Feet
Lot Width
66
Parcel Number
372040151
Total Building Area
4364
Occupant Type
Owner
Cross Street
Bruce Rd 10 & 10th St
Approx. Age
100+ Years
MLS® Number
X12394853
Listing Brokerage
Town Or Country Real Estate (Halton) Ltd., Brokerage
Basement
Yes
Postal Code
N4N 2P4
Posession Details
Flexible
Parking Spaces
5
Tax Amount
$5,401.00
Tax Year
2024
Community Features
Major Highway, Public Transit
Standard Status
Active
Board Or Association
Oakville, Milton & District Real Estate Board
Heat Type
Gas Forced Air Closed
Cooling Features
Yes
Garage Type
Double Detached
Kitchens Total
2
Tax Legal Description
PT LT 17 W/S VICTORIA ST PL701HANOVER PT1; 17R1388
Security Features
No
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