$459,900

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529 4th Street, Hanover - Single Family for Sale

529 4th Street, Hanover, Ontario, N4N3E8

3 beds2 baths3 parking ft²

1056 10th Street, Hanover, Ontario, N4N3B8

3 bd1 ba3 pk1,300 ft²Lot size 81 × 197 ft (15,953 sq ft)

672 23rd Avenue, Hanover, Ontario, N4N5S4

4 bd2 ba6 pk1,300 ft²Lot size 61 × 98 ft (5,973 sq ft)

Listed by Louis Whaling Real Estate Broker Inc.

357 5th Avenue, Hanover, Ontario, N4N2C6

For saleJust listed

2 days ago

$474K

357 5th Avenue, Hanover, Ontario, N4N2C6

3 bd2 ba4 pk1,300 ft²Lot size 66 × 119 ft (7,854 sq ft)

688 22nd Avenue, Hanover, Ontario, N4N3W8

4 bd2 ba6 pk900 ft²Lot size 61 × 103 ft (6,276 sq ft)

Listed by Royal LePage RCR Realty

Investment analysis

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$459,900

Hanover

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Overview

This 3-bedroom, 2-bathroom home in Hanover is for sale offering roughly 900 sq ft of space. Listed at $459,900, it is attractively priced about 18% below the $559,900 median asking price in Hanover. It has been on the market 1 day, fresher than the Hanover average of 116 days.

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Description

Solid Brick Bungalow in a Great Hanover Neighbourhood! Looking for a home with great potential? This solid brick bungalow offers comfortable main-floor living with 3 bedrooms and 2 bathrooms, all conveniently located on the main level. The lower level offers plenty of opportunity to expand your living space and make it your own. Whether you're looking for additional family space, a recreation room, or room to grow, the possibilities are there! A great opportunity to put down roots in a nice Hanover neighbourhood. Don't miss your chance to make this home your own! (id:66096)

Property Details

MLS®: X14144742
Property Type: Single Family
Zoning: r1
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 3
Interior Size: 900 ft²
Lot Size: 60 × 100 ft (6,000 sq ft)
Frontage: 60 ft
Storeys: 1
Style: Bungalow
Basement: Partially finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $3,766/yr
Listed: Yesterday

Rooms

Main level

Kitchen: 3.68 x 2.98 meters
Dining room: 2.97 x 3 meters
Living room: 3.5 x 5.06 meters
Foyer: 2.93 x 1.6 meters
Bathroom: 3.27 x 1.55 meters
Bedroom: 3.27 x 4.33 meters
Bedroom: 2.96 x 3.76 meters
Bedroom: 2.71 x 2.98 meters

Lower level

Utility room: 4.5 x 3.4 meters
Bathroom: 1.26 x 1.84 meters
Other: 2.04 x 3.4 meters
Other: 2.85 x 1.38 meters
Recreational, Games room: 5.8 x 8.54 meters
Other: 5.18 x 2.81 meters

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

Features

Appliances: Washer, Water meter, Water softener, Dishwasher, Stove, Dryer, Garburator, Window Coverings, Garage door opener remote(s)
Foundation: Concrete
Exterior: Brick
Lot Features: Sump Pump

Services

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

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Hanover listings, avg age

116d

Price / ft²

$511

List price

$460K

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.

Area context

Neighbourhood profile (N4N)

This home lists at $459,900, about 6.3× the local median household income of $73,000.

Carrying it typically needs a household income of about $89,835 (20% down, 25-yr amortization, stress-tested) — roughly 23% 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)

$459,900· $511/ft²

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Full Cost Breakdown

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Down Payment5% · $22,995

Min 5%50%

Mortgage payment$2,422/mo

↳ CMHC premium ($17,476 capitalized)

Property tax (est.)$314/mo

Total monthly$2,736

Cash Needed to Close

Down payment (5%)$22,995

Land transfer tax$5,673

Est. closing costs$3,880

Total cash needed$32,548

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529 4th Street, Hanover - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (N4N)

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Full Cost Breakdown