Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Hanover. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $675,000 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.
Brick bungalow with walk out basement in a great area of Hanover! Situated at the edge of town, backing onto the trees, walking trail, and Saugeen river, the location truly can’t be beat. As you enter the front door with skylight above, you look into the open concept living space. The updated kitchen offers plenty of cabinetry, quartz countertops, island with bar seating, and appliances included. Adjacent is your dining space, and sitting area overlooking the trees through the bay windows. The sunken living room showcases a gas fireplace, and patio door walkout to the 20.3 x 11.5 deck (built in 2019) with stairs down to the yard. The primary bedroom is situated at the front of the home, with a walk-through closet to your 4 pc cheater ensuite. Main level living is complete with the laundry/mudroom located off the hall, with access out to the 2 car garage. The bright lower level has 2 more spacious bedrooms, a 4 pc bath, cold storage, large bonus room perfect for hobbies or a play room for the kids, and a recreation room with walkout to the large concrete patio that wraps around the back of the home, adjoining with the stone stairs that lead up front. The concrete driveway, gardens, mature trees, and irrigation system complete this property. Come see this home today!
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This detached home located at 290 2ND Avenue, Hanover is currently for sale and has been available on SousaSells for 678 days. This property is listed at $675,000 with an estimated mortgage of $2,247* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 290 2ND Avenue, Hanover is in the Hanover neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Hospital
Water Treatment, Water Heater, Air Exchanger, Water Softener, Central Vacuum
Carbon Monoxide Detectors, Smoke Detector
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 290 2ND Avenue, Hanover, ON N4N 3S1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Hanover.
About Purchasing a Home in Hanover, ON
For a property listed at $675,000 in Hanover, the legal minimum down payment is $42,500 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 $9,975 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 $9,975.
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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.