561 18th Avenue, Hanover, ON

$499,900
MLS#:X12360454
4 beds
2 baths
700-1100 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Sidesplit 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 $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 57.47 x 148.96 ft lot
  • Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Sump Pump, Water Heater Owned, Water Softener
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Introducing a charming family home that stands out with its vibrant yellow door! This welcoming property is ideally located on a peaceful street, close to amenities, complemented by a fantastic fenced yard featuring a patio, hot tub, firepit, shed, and abundant outdoor space. It's the perfect setting for family gatherings, entertaining friends, and allowing pets to roam freely. As you step inside, you'll immediately appreciate the bright living room and the updated eat-in kitchen with appliance package on the main floor, which conveniently opens to the yard. The second level showcases 3 spacious bedrooms and an updated bathroom. The lower level is filled with light, featuring a versatile fourth bedroom or office, a recreation room, and a handy 2-piece bathroom. To top it off, the basement provides ample storage, a dedicated workshop space, a laundry room, and a utility room. This home is truly a prime find for any family!

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Property Summary

This detached home located at 561 18th Avenue, Hanover is currently for sale and has been available on SousaSells for 328 days. This property is listed at $499,900 with an estimated mortgage of $1,664* per month. It has 4 beds, 2 bathrooms, and is 700-1100 square feet. 561 18th Avenue, Hanover is in the Hanover neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

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

Additional Details

StatusSold
Sold DateOctober 3, 2025
Sold price information is available to members only
Listed Date8/22/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleSidesplit
ConstructionAluminum Siding, Brick
BasementPartially Finished
Lot Size57.47 × 148.96 Feet
CountyGrey County
Annual Tax$3,414
Legal DescriptionLT 19 PL 799 HANOVER; S/T GS80000; HANOVER

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital, Library, Park, Rec./Commun.Centre, School

Interior Features

Sump Pump, Water Heater Owned, Water Softener

Security Features

Community Features

Location

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561 18th Avenue, 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 561 18th Avenue, Hanover, ON N4N 3B2

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$149,970 (30.0%)
* Minimum Canadian down payment required for this price is $24,995.
Amortization Period30 Years
Estimated Monthly Payment$1,664Based on a loan of $349,930 over 30 years.
Purchase Price$499,900
Loan Amount$349,930
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.

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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$601,500

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
Dawnview
Public149 12th Avenue, Hanover, Ontario, N4N 2S8
6.7
Hanover Heights
Public524 13th Street, Hanover, Ontario, N4N 1Y4
4.7

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.