837 7th Avenue, Hanover, Ontario, N4N2K3
This farm in Hanover is for sale offering roughly 1,750 sq ft of space. It has been on the market 89 days, fresher than the Hanover average of 116 days.
Discover Hanover - A Rare Opportunity to Live, Build, or Invest. Step into a truly exciting chance to secure a remarkable property within Hanover's town boundaries. Whether you're an investor, developer, entrepreneur, or simply searching for a scenic place to call home, this versatile parcel deserves your attention. Prime Development Potential with zoning and an adjacent parcel already moving forward as a residential subdivision (approved site plan in place), this property offers strong future potential. Municipal services are available, making your vision that much easier to bring to life. This 23 acres of nature and privacy include: 1.5 acre spring fed pond, 700 ft of Saugeen River frontage, direct access to the Hanover Community Trail, mature landscape ideal for recreation, relaxation, or future planning. Outbuildings for Work or Play include 40' x 60' shop - ideal for storage, business ventures, or hobby use and an additional older barn suitable for storage. This property is being sold "as is, where is." There are 5 PINS associated with this property. For a complete list, please refer to the attachment. There are 5 easements on the parcel - please inquire for full details. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 89 days on market, against an average age of 116 days across the listings currently for sale in this city
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.
This 4-bed agriculture in Hanover has been listed for 89 days, which is 27 days fresher than the city average of 116. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,400,000, about 19.2× the local median household income of $73,000.
Carrying it typically needs a household income of about $273,469 (20% down, 25-yr amortization, stress-tested) — roughly 275% above the area median.
Source: Statistics Canada, 2021 Census (FSA N4N)
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Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.
Inquire about financing →Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
