571 12th Street, Hanover, ON
Property Highlights
Welcome to this remarkable Sidesplit detached located in the coveted neighborhood of Hanover. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $419,000 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 1500-2000 sqft on a premium 60 x 153.62 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Guest Accommodations
- Efficient forced air heating via gas
Description
Affordable and move-in ready, this 3-bedroom, 1.5-bathroom family home offers a functional multi-level layout and a spacious, fully fenced backyard shaded by beautiful mature trees. The ground level welcomes you with a bright foyer, comfortable family room, convenient 2-piece bathroom, laundry room with door to backyard with clothesline, utility room, and walkout to the backyard.The main level features a sun-filled living room with a large picture window, a dining area overlooking the backyard and red mature maple tree, and a functional kitchen. Upstairs you'll find three bedrooms, a full bathroom with upgraded tile in 2023, and a walk-in hall closet providing excellent storage. The lower level offers additional storage space along with the furnace, cold cellar and water softener.Outside, enjoy the private, fully fenced backyard complete with a mature trees, a children's play set, and plenty of room for family fun, pets, or gardening. A garden shed at the end of the driveway provides extra storage for tools and outdoor equipment.Recent updates include a steel roof (2017), Landmark windows with a lifetime transferable warranty, furnace (2019), central vac and an upgraded breaker panel to be completed prior to closing. The home also includes a full appliance package, Wightman fibre optic internet, and a UV filter on furnace duct. A wonderful opportunity to own an affordable family home with great outdoor space and numerous updates.
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Pricing & Value Insights
Data-driven valuation for 571 12th Street, Hanover, ON N4N 1W5
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About Purchasing a Home in Hanover, ON
For a property listed at $419,000 in Hanover, the legal minimum down payment is $20,950 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 $4,855 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 $4,855.
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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.