1069 7th Avenue, Hanover, ON
Property Highlights
Welcome to this remarkable Bungalow modular home located in the coveted neighborhood of Hanover. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $474,900 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 1 Bathroom
- Generous living space spanning 1100-1500 sqft on a premium 82.93 x 274.33 ft lot
- Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Central Vacuum, Water Softener, Water Heater
- Efficient forced air heating via gas
Description
A unique combination of space and location. This 0.52 acre property at the north end of the Town of Hanover is easily accessible to the Grey Rd 28 & Bruce Rd 22 bypasses. The bungalow features 2+2 bedrooms, 2 bathrooms, and over 1200 sqft of living space. The generous bedrooms, full bathroom, large kitchen/dining area, living room and bonus room, and main floor laundry welcomes single floor living. The basement is open to your designs with 2 bedrooms and a 2-piece bathroom. The spacious yard and deck are inviting to entertain your friends and family. Are you a business or contractor looking for storage and home base? Grow your home business with A2 zoning, a 1500 sqft workshop ground level and additional 600 sqft loft. With countless possibilities and potential uses, this half-acre property is ready for you!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1069 7th Avenue, Hanover, ON N4N 2K4
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About Purchasing a Home in Hanover, ON
For a property listed at $474,900 in Hanover, the legal minimum down payment is $23,745 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 $5,973 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 $5,973.
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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.