119 7th Street, Hanover, ON
Property Highlights
Welcome to this remarkable 1 1/2 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 $399,999 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 52 x 117 ft lot
- Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: None
- equipped with other central cooling and highly efficient forced air heating via gas
Description
The Perfect Place to Call Home! Welcome to this charming 1.5-storey home nestled in a desirable, family-friendly neighbourhood in the lovely town of Hanover - with no rear neighbours for added privacy and peaceful views. Ideal for first-time homebuyers, this well-maintained property offers two generous-sized bedrooms and a full bathroom on the upper level. Step onto the inviting covered front porch before entering a sun- filled living room that flows seamlessly into a well-sized kitchen and a separate dining room, complete with glass doors leading to a spacious deck - perfect for entertaining or relaxing outdoors. The fully finished basement offers even more space with a large rec room, perfect for movie nights, a home office, or your personal gym. Enjoy the expansive backyard featuring a large deck, garden shed, and cozy bonfire pit - your own private oasis! Notable updates include:Furnace (2018), Washer & Dryer (2020), Main floor windows (2022), All new plumbing to the house (2025). This move-in ready home is a rare find.
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Property Summary
This detached home located at 119 7th Street, Hanover is currently for sale and has been available on SousaSells for 268 days. This property is listed at $399,999 with an estimated mortgage of $1,331* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 119 7th Street, Hanover is in the Hanover neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 119 7th Street, Hanover, ON N4N 1G3
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 $399,999 in Hanover, the legal minimum down payment is $20,000 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 $4,475 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 $4,475.
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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.