76 7th Street, Hanover, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Hanover. Expertly crafted featuring premium asbestos siding construction, this residence presents an exceptional opportunity offered at $389,900 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 1 Bathroom
- Generous living space spanning 1100-1500 sqft on a premium 66 x 130 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Charming Two-Story Home Exudes Character. Upon entering this home, you will be welcomed by a spacious living room featuring a wood-burning fireplace, alongside a newly restored kitchen and a formal dining area, all situated on the main floor. The upper level presents three well-appointed bedrooms that offer considerable closet space, attic space for storage, as well as a newly renovated bathroom that enhances the overall appeal. Notable updates include a steel roof, F/A gas furnace, and central A/C. The exterior of the property provides ample outdoor space, including raised garden beds and perennial flowerbeds, creating an inviting environment for relaxation and enjoyment of the backyard. This home represents an excellent opportunity for prospective homeowners at an attractive price point.
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Property Summary
This detached home located at 76 7th Street, Hanover is currently for sale and has been available on SousaSells for 296 days. This property is listed at $389,900 with an estimated mortgage of $1,298* per month. It has 3 beds, 1 bathroom, and is 1100-1500 square feet. 76 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
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 76 7th Street, Hanover, ON N4N 1G4
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 $389,900 in Hanover, the legal minimum down payment is $19,495 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 $4,324 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 $4,324.
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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.