578 8TH Street, Hanover, ON
Property no longer active
This property was sold on December 15, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Hanover. Expertly crafted featuring premium vinyl siding and brick construction, this residence presents an exceptional opportunity offered at $489,900 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 1100-1500 sqft on a premium 61 x 118 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient carport configuration
- Notable attributes: Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Great starter or retirement home. Or with little work could be converted to a duplex. This home has been extremely well cared for by the present owners. The main level offers 3 bedrooms all with gleaming hardwood flooring, bright living room with a large picture window and spacious kitchen, dining area which has sliders to the rear 12' X 25' deck. Lower level has an additional bedroom and a second 4pc bath. Huge rec room, laundry/storage area plus utility room. Forced air gas heat, central heat (2023), good roof shingles (2020). Carport measures 12' X 28'. Nice perennial flower bed compliment the landscaped grounds.
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Property Summary
This detached home located at 578 8TH Street, Hanover is currently for sale and has been available on SousaSells for 686 days. This property is listed at $489,900 with an estimated mortgage of $1,631* per month. It has 4 beds, 2 bathrooms, and is 1100-1500 square feet. 578 8TH 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
Golf, Hospital
Interior Features
Water Heater Owned
Security Features
Carbon Monoxide Detectors, 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 578 8TH Street, Hanover, ON N4N 1K4
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 $489,900 in Hanover, the legal minimum down payment is $24,495 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 $6,273 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 $6,273.
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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.