393 7th Avenue, Hanover, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Hanover. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $414,900 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 55 x 132 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Storage, Water Heater Owned
- equipped with window unit(s) central cooling and highly efficient forced air heating via gas
Description
Great opportunity to own this 1 1/2 storey 3 bedroom brick home in Hanover. Perfect for first time home buyers. Main floor features a large bright living room with hardwood floors and trim, offering plenty of natural light. The kitchen includes wood cabinets with the dining area just off to the side, along with a mud room/storage room off the kitchen that leads to the back deck and a large fenced yard. A side entryway adds convenience and functionality . On the upper level you'll find 3 bedrooms and a 4pc bath, while the basement offers a 3pc bath, laundry, utilities and extra storage space as well as a walkout to the backyard. Outside you'll find 20'x12' single car garage/workshop, a 12'x8' quality built storage shed, mature trees providing privacy and shade. Some updates include new windows throughout (approx 10yrs), furnace (2021), a durable steel roof, basement walls have been sprayed with foam insulation. Heat $979(2025), Hydro $1220(2025)
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Property Summary
This detached home located at 393 7th Avenue, Hanover is currently for sale and has been available on SousaSells for 3 days. This property is listed at $414,900 with an estimated mortgage of $1,381* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 393 7th Avenue, Hanover is in the Hanover neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Hospital, Level, Place Of Worship, Rec./Commun.Centre, River/Stream
Interior Features
Storage, Water Heater Owned
Security Features
Community Features
Location
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 393 7th Avenue, Hanover, ON N4N 2J1
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 $414,900 in Hanover, the legal minimum down payment is $20,745 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 $4,773 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 $4,773.
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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.