617 16th Avenue, Hanover, ON

$535,000
MLS#:X9346566
4 beds
2 baths
700-1100 sqft
6.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow-Raised"] detached located in the coveted neighborhood of Hanover. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $535,000 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.

  • 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 700-1100 sqft on a premium 70 x 125 ft lot
  • Features a ["full", "finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: Water Heater Owned
  • equipped with ["none"] central cooling and highly efficient other heating via gas

Check out this great opportunity with this clean and well maintained up/down duplex! Live in one and rent out the other! This solid brick raised ranch style bungalow features two nearly identical units, each having 2 generous sized bedrooms, a full 4 piece bath, individual laundry rooms, full kitchen, living room, dining room, and fully separate entrances . Tenant pay gas and hydro, both of which are separately metered, landlord only pays for water, taxes, and insurance. Both units feature a natural gas fireplace that is the primary heat source with radiant heat as a supplemental heat. With two separate driveways and plenty of yard space these units are extremely well set up and an absolute must see!

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Key Features

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

Additional Details

StatusSold
Sold DateNovember 20, 2024
Sold price information is available to members only
Listed Date9/12/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick
BasementFull, Finished
Lot Size70 × 125 Feet
CountyGrey County
Annual Tax$2,842
Legal DescriptionLT 76 PL 792 HANOVER; HANOVER

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeOther
CoolingNone

Features

Property Features

Interior Features

Water Heater Owned

Security Features

Community Features

Location

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617 16th 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 617 16th Avenue, Hanover, ON N4N 2Z9

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.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$428,000
Monthly Mortgage$2,487
Property Tax (Est.)$237
Utilities & Maint.$350
Total Monthly Cost$3,074

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$576,527

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.