536 11th Avenue 303, Hanover

$339,900
536 11th Avenue 303

$339,900

New
21d
Condo Apartment1 Storey/Apt

536 11th Avenue 303, Hanover

Total Monthly Obligation $2,240

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
1200-1399
DOM
21d
Score
80
Yield
13.8%
Cash on Cash
29.1%
Cap Rate
10.8%
5Y IRR
39.7%
10Y IRR
36.0%
Property Type-Condo Apartment
MLS® Number-X13853528
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 2, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-31-50
Taxes-$2,868 (2026)
Maintenance-$430/mo
Locker-Common
Parking-1 - None
Basement-None
Heating-Forced Air (Electric)
Brokerage-Peak Edge Realty Ltd.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBA
Neighbourhood-Hanover
Title-Residential Condo & Other

No agent assigned

Welcome to unit 303- 536 11 Th avenue. This condo building is in the heart of Hanover. Within one hour or less to to lakes and beaches and with 2 hours of the Toronto Airport. This move in ready two bedroom condo offers prime location within short walking distance to local amenities and the downtown area. Situated on the third floor facing west so you can enjoy the sunny days on your glass sided balcony and watch the Westerly sunsets in the summers eve. The unit features a spacious open concept living and dining area, a nice kitchen layout, 2 good sized bedrooms, 2 baths and a utility room with a stackable washer & dryer along with a good storage area. Upgrades over the years are heating and cooling systems along with bedroom flooring and more. the monthly condo fee is $ 430 per month and includes your own parking space, water and sewer costs, visitor parking, along with a storage unit/locker that is shared outside your front door on the same level. There is a chute for garbage within steps of the front door of your unit also. Building is implementing a by law where as only a certain amounts of units can be rented out allowing for owner living for the majority of people. Immediate possession is available. Call your Realtor today for your own private viewing.

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Closing Costs

Mortgage Amount
$271,920
Land Transfer Taxes$3,574
Legal Fees (Est.)
$
Total cash required for closing$73,054

Total Monthly Obligation

$2,240/mo
Mortgage $1,371
Monthly Loss $1,879
Principal$361
Interest$1,010
Property Tax$239
Condo Fees$430
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
9.3%84
Cash-on-Cash
20.9%94
5-Year IRR
33.3%100
10-Year IRR
30.6%
Returns Index
94.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeA
80/ 100
Good•Buy

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$46,848/yr
NOI
$31,735/yr
Net Cash Flow
$1,274/mo
Cash Margin
32.6%97
Cash Flow Index
97.1/ 100
Risk Profile
Weight: 20%
DSCR
1.9394
LTV Ratio
80.0%18
Vacancy Buffer
4.1 mo71
Risk Index
60.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 536 11th Avenue 303

Time

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Data last updated within the past 24 hours.