462 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 aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $309,900 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 44 x 157.71 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Air Exchanger, Water Heater Owned, Water Softener
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Its been so loved for over 50 years, this 1.5 storey family home is full of potential and awaits a new owner to bring it back to life . Offering generous square footage and a solid layout, this property is ideal for someone who enjoys hands-on projects or an investor looking for their next flip opportunity. While the home is in need of repair and updating, it provides a fantastic canvas to customize and modernize it to your taste. Offering you endless possibilities for renovation; whether you envision restoring its original charm or you'd like to transform it into a more contemporary space. Perfect for the do-it-yourself enthusiast or savvy renovator, this property rewards creativity and effort with the chance to build equity and create something truly special. A rare opportunity for those not afraid to roll up their sleeves and unlock the potential within. Call your Realtor and book your private showing today!
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Air Exchanger, Water Heater Owned, Water Softener
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Pricing & Value Insights
Data-driven valuation for 462 12th Street, Hanover, ON N4N 1V9
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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 $309,900 in Hanover, the legal minimum down payment is $15,495 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 $3,124 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 $3,124.
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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.