702 7TH Avenue, 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Property no longer active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 1 1/2 Storey detached located in the coveted neighborhood of Hanover. Expertly crafted featuring premium insulbrick and vinyl siding construction, this residence presents an exceptional opportunity offered at $289,900 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 700-1100 sqft on a premium 73 x 145 ft lot
- Features a unfinished, partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Water Meter, On Demand Water Heater, Water Heater Owned
- Efficient forced air heating via gas
Description
This 3 bedroom (2 up & 1 on main floor), 2 bath (1 up & 1 on main floor) home is located on large partly fenced Hanover lot. Main floor laundry. New forced air natural gas heat (furnace installed early spring 2024). Electrical panel updated to breakers. Some updated windows. Updates in past couple years include: painted throughout, some new drywall and laminate flooring. Immediate possession is available.
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Property Summary
This detached home located at 702 7TH Avenue, Hanover is currently for sale and has been available on SousaSells for 739 days. This property is listed at $289,900 with an estimated mortgage of $965* per month. It has 3 beds, 2 bathrooms, and is 700-1100 square feet. 702 7TH Avenue, 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
Water Meter, On Demand Water Heater, Water Heater Owned
Security Features
None
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 702 7TH Avenue, Hanover, ON N4N 2K1
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 $289,900 in Hanover, the legal minimum down payment is $14,495 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 $2,824 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 $2,824.
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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.