$474,000

For saleJust listed

357 5th Avenue, Hanover - Single Family for Sale

357 5th Avenue, Hanover, Ontario, N4N2C6

3 beds2 baths4 parking1,300 ft²66 × 119 ft (7,854 sq ft) lot sizeListed 2 days ago

Overview

This 3-bedroom, 2-bathroom home in Hanover is for sale offering roughly 1,300 sq ft of space. Listed at $474,000, it is attractively priced about 15% below the $559,900 median asking price in Hanover. It has been on the market 2 days, fresher than the Hanover average of 116 days.

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Description

Welcome to this inviting 3 bedroom 2 bathroom home. Situated in a quiet neighourhood close to the Community Centre and local amenities, this home offers comfortable and functional living. Step inside through the enclosed foyer and discover a welcoming layout with new flooring and plenty of space for everyday living. The basement provides additional living space and flexibility for a recreation room, home office, gym or family area. At the back of the home, a3 season sunroom offers a wonderful spot to relax and enjoy views of the beautiful spacious fully fenced backyard, perfect for children pet, gardening or entertaining. Addition features includes an attached garage, carport and durable metal roof, providing added convenience and peace of mind. A wonderful opportunity to enjoy comfortable living, generous outdoor space and a great Hanover location. Come see everything this property had to offer. Close to the Community Centre, shopping, Casino and Raceway (id:66096)

Property Details

MLS®: X14137564
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 4
Interior Size: 1,300 ft²
Lot Size: 66 × 119 ft (7,854 sq ft)
Frontage: 66 ft
Storeys: 1
Style: Bungalow
Basement: Partially finished, Partial
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership

Rooms

Main level

Kitchen: 2.86 x 3.58 meters
Living room: 4.12 x 3.69 meters
Dining room: 2.85 x 3.69 meters
Bedroom: 2.49 x 2.57 meters
Bedroom 2: 3.58 x 2.6 meters
Bedroom 3: 3.64 x 3.69 meters
Sunroom: 4.38 x 2.75 meters

Basement

Laundry room: 3.41 x 3.59 meters
Recreational, Games room: 12.22 x 3.56 meters
Workshop: 7.33 x 3.6 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Microwave, Water Heater
Foundation: Block
Exterior: Brick, Aluminum siding
Lot Features: Lane, Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Hanover listings, avg age

116d

Price / ft²

$365

List price

$474K

Homes here sell slower than most markets

Sold homes in this market spent an average of 73 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 3-bed single family in Hanover has been listed for 2 days, which is 114 days fresher than the city average of 116. Act while there is still low competition.

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Listed by eXp Realty · STEPHANIE TUCK

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N4N)

This home lists at $474,000, about 6.5× the local median household income of $73,000.

Carrying it typically needs a household income of about $92,589 (20% down, 25-yr amortization, stress-tested) — roughly 27% above the area median.

Median household income: $73,000
Population: 10,341
Median age: 49.6
Owner / renter: 70% / 30%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N4N)

$474,000· $365/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,700

Min 5%50%

Mortgage payment$2,497/mo

↳ CMHC premium ($18,012 capitalized)

Property tax (est.)$192/mo

Total monthly$2,688

Cash Needed to Close

Down payment (5%)$23,700

Land transfer tax$5,955

Est. closing costs$3,922

Total cash needed$33,577

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