1 - 595 1ST STREET, Hanover

$1/sqft

For rent: Other

Other at 1 - 595 1ST STREET, Hanover
Property type
Industrial
MLS®
MLS® X13045446
Neighbourhood
Hanover

Brand new industrial units now available for lease in the heart of Hanover's established Industrial Park. Ranging from approximately 1,757 to 25,000 sq. ft., these versatile shell units offer a clean slate for tenants to design and build out the space to suit their specific business needs. Units feature drive-in overhead doors, clear heights from 14' to 19'6", individually metered electric and gas, ample on-site parking, and all major services now available on site, including internet. Units are delivered in shell condition, with tenant responsible for all interior buildouts, including washrooms, electrical/plumbing distribution, finishes, and obtaining all required building permits and approvals. The Landlord may provide washroom drawings if required to assist the tenant with the permit process. Zoned M1, permitted uses include light manufacturing, warehousing, service industries, transport terminals, workshops, and select commercial uses such as fitness facilities and accessory offices. Tenants are responsible for all utilities and internet servicing to their unit. Take advantage of limited-time leasing incentives, including 3 months free net rent and an optional rent-to-own program allowing tenants to apply 50% of Year 1 net rent toward a future purchase. Located minutes from Hwy 4 and surrounded by active businesses, these units are ideal for trades, contractors, light industrial users, and growing enterprises. Flexible lease terms available. Conveniently located near a full range of local amenities including restaurants, cafés, banks, retail stores, gas stations, and service providers, with quick access to major transportation routes and the downtown Hanover core, providing ease for both employees and customers.

Sold data

Homes in Hanover — recent sold market

Homes in Hanover took a median of 46 days to sell over the last 365 days, with the quickest quarter selling within 22 days and the slowest quarter taking more than 108, across 106 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.

The median sale price was $499,900.

Homes sold for about 3.2% below asking on average, so there was room to negotiate.

About 6% of sales closed above the list price.

Around 42% of sellers reduced their price before finding a buyer.

Median days to sell
47
Median sale price
$499,900
Sale-to-list ratio
96.8%
Sold above asking
6%

Based on 106 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Hanover

Hanover has 4 Fraser Institute–rated schools (3 elementary and 1 secondary), averaging 5.9/10.

Rated schools
4
Elementary
3
Secondary
1
Average rating
5.9 / 10

Top-rated schools in Hanover

  • DawnviewelementaryFraser rating 6.7/10
  • Holy FamilyelementaryFraser rating 6.2/10
  • John DiefenbakersecondaryFraser rating 6.0/10
  • Hanover HeightselementaryFraser rating 4.7/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 1 - 595 1ST STREET