408 4th Street, Hanover, ON

$869,000
MLS#:X13651072
5 beds
3 baths
1500-2000 sqft
6.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Hanover. Expertly crafted featuring premium stone construction, this residence presents an exceptional opportunity offered at $869,000 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.

  • 5 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 75.69 x 111.71 ft lot
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Air Exchanger, Auto Garage Door Remote, Bar Fridge
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Don't miss this fantastic property in one of Hanover's most sought after areas. Consisting of 3 + 2 bedrooms, large kitchen with center island & quartz counters, dining area with patio doors to covered rear deck, living room with gas fireplace, primary bedroom with ensuite & walk in closet, main floor laundry & full bath. Downstairs is an entertaining size rec room with gas fireplace and custom bar, 2 bedrooms, a gym/office, mechanical area, 3rd full bath and tons of storage. There is a new roof on the shed, bedroom carpets & carpeted stairs updated in 2026, water softener is approx 2 years old. The 2 car garage has an entrance way to the basement, the rear yard is fully fenced and nicely landscaped with irrigation system.

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Property Summary

This detached home located at 408 4th Street, Hanover is currently for sale and has been available on SousaSells for 3 days. This property is listed at $869,000 with an estimated mortgage of $2,893* per month. It has 5 beds, 3 bathrooms, and is 1500-2000 square feet. 408 4th Street, Hanover is in the Hanover neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 5 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Hanover, Hanover.

Highly Recommended for Families
What We Love About This Home
  • 5 spacious bedroom layout offering versatile living space
  • 3 well-appointed bathrooms
  • 1500-2000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Hanover, Hanover.

Target Buyer Match

Key Features

Bedrooms
5
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date8/7/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionStone
BasementFull, Finished
Lot Size75.69 × 111.71 Feet
CountyGrey County
Annual Tax$6,226
Legal DescriptionLT 71 PL 1130: HANOVER

Parking & Garage

Parking Total6.0
Parking Space4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Fenced Yard
  • Hospital
  • Level
  • Rec./Commun.Centre
  • School

Interior Features

  • Air Exchanger
  • Auto Garage Door Remote
  • Bar Fridge
  • Central Vacuum
  • Primary Bedroom - Main Floor
  • Water Heater

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 408 4th Street, Hanover, ON

Q.What is the asking price for 408 4th Street, Hanover, ON ?

The current listing price for 408 4th Street, Hanover, ON in Hanover, Hanover is $869,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 5 bedrooms and 3 bathrooms across approximately 1500-2000 sqft.

Q.What property type and architectural style is 408 4th Street, Hanover, ON ?

408 4th Street, Hanover, ON is a Detached (Bungalow) featuring a Full, Finished basement.

Q.What key property features does 408 4th Street, Hanover, ON offer?

Key property features include: Fenced Yard, Hospital, Level, Rec./Commun.Centre, School.

Q.What interior features are included in this home?

Interior highlights include: Air Exchanger, Auto Garage Door Remote, Bar Fridge, Central Vacuum, Primary Bedroom - Main Floor, Water Heater.

Q.Is parking available at this property?

Yes, this property offers parking space for 6.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

Virtual Tour & 3D Walkthrough

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Location

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408 4th Street, Hanover, ON

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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 408 4th Street S, Hanover, ON N4N 3V1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Hanover.

Configure Loan Settings

Interest Rate4.00%
Down Payment$260,700 (30.0%)
* Minimum Canadian down payment required for this price is $61,900.
Amortization Period30 Years
Estimated Monthly Payment$2,893Based on a loan of $608,300 over 30 years.
Purchase Price$869,000
Loan Amount$608,300
Provincial Land Transfer Tax:$13,855
Total Estimated Closing Taxes:$13,855

About Purchasing a Home in Hanover, ON

For a property listed at $869,000 in Hanover, the legal minimum down payment is $61,900 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 $13,855 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 $13,855.

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Hanover, Hanover Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Hanover, Hanover.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$793,911

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Hanover, Hanover

Elementary Schools

Hanover Heights
Public524 13th Street, Hanover, Ontario, N4N 1Y4
4.7
Holy Family
Public334 10th Avenue, Hanover, Ontario, N4N 2N5
6.2
Dawnview
Public149 12th Avenue, Hanover, Ontario, N4N 2S8
6.7

Secondary Schools

John Diefenbaker
Public181 7th Street, Hanover, Ontario, N4N 1G7
6.0

Hanover, Hanover Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.