53 7TH Street, Hanover, ON
Property Highlights
Welcome to this remarkable Other 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 $579,900 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 1100-1500 sqft on a premium 61 x 308 ft lot
- Features a walk-up, 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: Separate Heating Controls, Water Purifier, Water Heater Owned
- Efficient unknown heating via electric
Description
Discover this updated 3-bedroom, 2-bathroom side-split home, tastefully decorated and nestled on a serene ravine lot in Hanover. Upon entering, you'll be greeted by a bright, welcoming foyer with access to both the front door and the garage, featuring ample closet space and a bonus office area overlooking lush greenery. The main floor boasts a spacious living room with a large picture window and cozy gas fireplace, alongside a well-appointed kitchen and dining room with patio doors that open to a private backyard. Upstairs, you'll find three comfortable bedrooms and a modernized bathroom. The lower level offers a generous family room complete with an electric fireplace, a dry bar, extra storage, and a laundry room with an additional shower. Separate heating zones means everyone can be comfortable. Reasonable utilities. Outdoors, the expansive backyard invites you to explore nature with stairs leading into the forest, plus a patio, garden shed, and plenty of space for outdoor activities. Every back window showcases the forested backyard. The front yard features a double driveway and a garage, providing ample parking. This charming property is well-maintained and offers the perfect blend of comfort, privacy, and natural beauty plus within walking distance to the downtown amenities and steps away from the lovely walking trails along the Saugeen River.
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Property Summary
This detached home located at 53 7TH Street, Hanover is currently for sale and has been available on SousaSells for 656 days. This property is listed at $579,900 with an estimated mortgage of $1,930* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 53 7TH 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
Hospital
Interior Features
Separate Heating Controls, Water Purifier, Water Heater Owned, Water Softener
Security Features
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 53 7TH Street, Hanover, ON N4N 1G3
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 $579,900 in Hanover, the legal minimum down payment is $32,990 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 $8,073 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 $8,073.
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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.