378 10th Street, Hanover, ON
Property Highlights
Welcome to this remarkable investment located in the coveted neighborhood of Hanover. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $9 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.
- 0 Bedrooms and 2 Bathrooms
- Premium 130 x 159 ft lot size
- equipped with no central cooling and highly efficient gas forced air closed heating
Description
An iconic Hanover landmark ready for its next chapter. Offering 5,679 sq. ft. across multiple levels in the heart of downtown, this one-of-a-kind commercial opportunity combines striking architecture, soaring ceilings, stained glass windows and timeless character with the flexibility to create something truly exceptional. Commercial zoning is currently in progress, opening the door to a wide range of future possibilities. Envision an upscale restaurant, brewery or smokehouse, boutique event venue, fitness or dance studio, creative office, gallery, wellness space or simply continue the property's existing use. The expansive lower level provides additional space for studios, storage, or customer amenities, while the impressive main sanctuary creates an unforgettable setting unlike anything else available on the market. Located on a prominent corner lot centrally located in Hanover's downtown core with five on-site parking spaces included. Landlord pays property taxes, building insurance, lawn care and landscaping. Tenant responsible for utilities. Bring your vision and create something Hanover won't soon forget.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 378 10th Street, Hanover, ON N4N 1P6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Hanover, ON
For a property listed at $9 in Hanover, the legal minimum down payment is $0 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $0 for this transaction. As this listing is in Hanover (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $0.
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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.