540 10th Avenue, Hanover, ON

$599,900
MLS#:X12996014
8 beds
4 baths
3000-3500 sqft
7.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["3-Storey"] detached located in the coveted neighborhood of Hanover. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $599,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 8 Bedrooms and 4 Bathrooms
  • Generous living space spanning 3000-3500 sqft on a premium 66 x 165 ft lot
  • Features a ["full", "finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Accessory Apartment, Guest Accommodations, In-Law Capability
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

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.

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Key Features

Bedrooms
8
Bathrooms
4
Kitchens
1
Living Area
3000-3500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date4/14/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionAluminum Siding, Brick
Lot Size66 × 165 Feet
CountyGrey County
Annual Tax$5,717
Legal DescriptionPT LT 17 W/S VICTORIA ST PL701HANOVER PT1; 17R1388

Parking & Garage

Parking Spaces7.0
Garage Spaces5
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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540 10th Avenue, Hanover, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 540 10th Avenue, Hanover, ON N4N 2P4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$479,920
Monthly Mortgage$2,789
Property Tax (Est.)$476
Utilities & Maint.$350
Total Monthly Cost$3,615

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Hanover.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Hanover, Hanover.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$579,578

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Holy Family
Public334 10th Avenue, Hanover, Ontario, N4N 2N5
6.2
Hanover Heights
Public524 13th Street, Hanover, Ontario, N4N 1Y4
4.7
Dawnview
Public149 12th Avenue, Hanover, Ontario, N4N 2S8
6.7

Secondary Schools

John Diefenbaker
Public181 7th Street, Hanover, Ontario, N4N 1G7
6.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.