357 8th Street, Hanover, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Hanover. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $359,900 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 50 x 66 ft lot
- Features a development potential, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Upgraded Insulation, Storage, Water Meter
- Efficient forced air heating via gas
Description
Check out this updated two-bedroom bungalow with an attached garage. This is an ideal opportunity for downsizers, single buyers, or first-time homeowners. The main floor underwent a significant renovation in 2019, including new insulation, plumbing, wiring, new drywall, contemporary Hanover Kitchens cabinetry complete with full appliance package, and a beautifully appointed modern bathroom with a custom vanity from Hanover Kitchens. Enjoy the ease of carpet-free living with newer flooring throughout. Further enhancing its value are the replaced doors and windows, along with a new roof installed in 2020. The insulated basement offers untapped potential for future development of family room with laundry facilities and a storage room. All economically heated with forced air gas. This lovely property offers a private, easily maintained fenced backyard ; complete with a deck. You will love the great location close to downtown amenities.
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Property Summary
This detached home located at 357 8th Street, Hanover is currently for sale and has been available on SousaSells for 430 days. This property is listed at $359,900 with an estimated mortgage of $1,198* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 357 8th Street, Hanover is in the Hanover neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
Upgraded Insulation, Storage, Water Meter, Water Heater, Primary Bedroom - Main Floor, Auto Garage Door Remote
Security Features
Carbon Monoxide Detectors, Smoke Detector
Community Features
Location
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 357 8th Street, Hanover, ON N4N 1J9
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 $359,900 in Hanover, the legal minimum down payment is $17,995 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 $3,874 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 $3,874.
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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.