587 11th Street, Hanover, ON

$445,000
MLS#:X13127880
1 beds
1 baths
1100-1500 sqft
5.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Hanover. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $445,000 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.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 1100-1500 sqft on a premium 60.17 x 145.97 ft lot
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient carport configuration
  • Notable attributes: Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Beautifully maintained bungalow situated on a private and meticulously manicured 60' x 145' lot! Don't let the modest exterior fool you-this home offers far more space than meets the eye thanks to a substantial rear addition completed in 2005. The impressive 25' x 15' living area features direct entry from the spacious carport, a convenient coat closet, and patio door walkout to the composite deck and expansive concrete patio with a pergola-perfect for entertaining or relaxing outdoors. The backyard offers exceptional privacy with mature cedar shrubs, two garden sheds, and plenty of room for gatherings, gardening, or family enjoyment. A double-wide concrete driveway and covered carport provide ample parking and convenience. This well-cared-for home has seen numerous updates over the past 6 years, including flooring, paint, furnace (2023), central air conditioning (2022), and a durable metal roof (2020). All newer appliances are included, making this a true move-in ready opportunity. Flexible layout options allow you to customize the home to suit your needs. The current walk-in closet was previously a bathroom and could easily be converted back to create an additional upstairs bedroom. There is also potential to relocate the laundry here from the basement for convenient main-level living.The finished basement adds even more functional space with a large rec room, storage areas, and utility room. Additional potential exists for another bedroom and bathroom, with a shower rough-in already located in the utility space. A fantastic opportunity to own a thoughtfully updated home with space, privacy, and endless potential!

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Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusPrice Change
Listed Date5/14/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionAluminum Siding
BasementFull, Finished
Lot Size60.17 × 145.97 Feet
CountyGrey County
Annual Tax$2,996
Legal DescriptionPT LT 5-6 PL 792 HANOVER AS IN R420039; HANOVER

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeCarport

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital, Library, Park, Place Of Worship, Rec./Commun.Centre, School

Interior Features

Primary Bedroom - Main Floor

Security Features

Smoke Detector, Carbon Monoxide Detectors

Community Features

Location

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587 11th Street, 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 587 11th Street, Hanover, ON N4N 1T4

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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Financial Audit

Estimated Costs

Loan Amount$356,000
Monthly Mortgage$2,068
Property Tax (Est.)$250
Utilities & Maint.$350
Total Monthly Cost$2,668

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Hanover.

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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$577,666

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

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.