500 6th Street, Hanover, ON

$499,900
MLS#:X12861982
4 beds
2 baths
700-1100 sqft
5.0 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 brick construction, this residence presents an exceptional opportunity offered at $499,900 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.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 700-1100 sqft on a premium 52.46 x 105.49 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Central Vacuum, Primary Bedroom - Main Floor
  • Efficient baseboard heating via electric

Description

Welcome to 500 6th Street in Hanover, a well-maintained bungalow offering flexible living space and thoughtful updates throughout. Built in 1971 and situated on a manageable 52 ft x 105 ft lot, this home features a welcoming front porch, attractive curb appeal, and a concrete driveway with parking for up to four vehicles, plus a single-car garage with a recently updated concrete floor.Inside, the main floor offers a bright and functional layout with new laminate flooring throughout most of the level. The eat-in kitchen has been refreshed with painted cabinetry, creating a bright and inviting space for everyday meals and gatherings. The current owner has adapted the layout by using the living room as a formal dining area, demonstrating the flexibility of the floor plan and the abundance of living space available.A highlight of the home is the beautiful four-season sunroom featuring a cozy gas fireplace and access to the sun deck, providing the perfect place to relax or entertain year-round.The finished basement adds excellent additional living space with a large recreation room featuring a second gas fireplace, two additional bedrooms, a three-piece bathroom, laundry area, and convenient walk-up access to the outside.Additional updates include a new bathroom vanity with stylish wallpaper accents, updated lighting in the rec room and dining areas, and the garage concrete floor replacement.The manageable backyard offers easy care and just the right amount of outdoor space-ideal for retirees. Located in the welcoming community of Hanover, this home is close to parks, schools, shopping, and everyday amenities while offering the comfort of a quiet residential neighbourhood.

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 16, 2026
Sold price information is available to members only
Listed Date3/9/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFinished
Lot Size52.46 × 105.49 Feet
CountyGrey County
Annual Tax$3,206
Legal DescriptionLT 19 PL 805 HANOVER; HANOVER

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingNone

Features

Property Features

Hospital, Library, Place Of Worship, Rec./Commun.Centre, River/Stream

Interior Features

Auto Garage Door Remote, Central Vacuum, Primary Bedroom - Main Floor, Water Heater, Water Softener

Security Features

Community Features

Location

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500 6th 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 500 6th Street, Hanover, ON N4N 1E5

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.

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Interest Rate5.25%
Down Payment$24,995 (5.0%)
* Minimum Canadian down payment required for this price is $24,995.
Amortization Period25 Years
Estimated Monthly Payment$2,830Based on a loan of $474,905 over 25 years.
Purchase Price$499,900
Loan Amount$474,905
Provincial Land Transfer Tax:$6,473
Total Estimated Closing Taxes:$6,473

About Purchasing a Home in Hanover, ON

For a property listed at $499,900 in Hanover, the legal minimum down payment is $24,995 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 $6,473 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 $6,473.

Nearby Listings

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No current listings found in Hanover.

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City & 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$638,336

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%

Local Schools Guide

Elementary Schools

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

Secondary Schools

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

Homes & Housing

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.