311 12th 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 vinyl siding and brick construction, this residence presents an exceptional opportunity offered at $425,000 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 125.61 ft lot
- Features a full, development potential basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient carport configuration
- Notable attributes: Water Meter, Storage
- equipped with wall unit(s) central cooling and highly efficient forced air heating via gas
Description
Nestled close to the downtown core in Hanover, this fantastic brick home offers a blend of convenience and charm. Enjoy outdoor living with a carport, a fenced backyard, beautiful perennial gardens, and a deck. Inside, the main level features an eat-in kitchen, sunporch, living and dining rooms, a main floor bedroom, a 4pc. bath, mudroom/flex space, and laundry. Upstairs are two large bedrooms and a 2pc. bath. The basement presents potential for a rec room and a fourth bedroom. The former garage (10'9" x 25'2") is currently a workshop/storage but could be converted back. Upgrades include 2 mini-split ductless AC/heat pumps, exterior doors, replaced windows, and some paint. This delightful property offers a wonderful opportunity to embrace comfortable living within easy reach of downtown amenities.
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Property Summary
This detached home located at 311 12th Street, Hanover is currently for sale and has been available on SousaSells for 436 days. This property is listed at $425,000 with an estimated mortgage of $1,415* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 311 12th 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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Water Meter, Storage
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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 311 12th Street, Hanover, ON N4N 1V5
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 $425,000 in Hanover, the legal minimum down payment is $21,250 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 $4,975 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 $4,975.
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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.