
397 1st Street S
Hanover, ON N4N 3T8
- 3Bedrooms
- 2Bathrooms
- 1Garage
- 1100–1500Sq Ft
- $5,158Tax
- 80×110 ftLot Size
- Estimated Value:$580,000See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 397 1st Street S, Hanover
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-04-06 | 2026-06-09 | Login to See Prices | Sold | x12962328 |
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About 397 1st Street S, Hanover
Summarized Description
- Well-maintained bungalow with spacious layout
- Attached double car garage for convenience
- Bright living room with hardwood floors
- Master suite with cheater ensuite bathroom
- Main-floor laundry for easy access
- Large deck ideal for outdoor entertaining
- Cozy gas fireplace in lower-level rec room
- Located in a peaceful, desirable neighborhood
Welcome home to this well maintained bungalow with attached double car garage all nestled on a beautifully landscaped lot with an efficient irrigation system. From the front porch, step inside the foyer, you'll be greeted by a spacious and inviting layout, with a bright living room featuring beautiful hardwood floors. The main floor offers three generously sized bedrooms, including a master suite with a convenient cheater ensuite and main-floor laundry. This home combines comfort and convenience. The kitchen boasts lovely oak cupboards with a breakfast bar that seamlessly flows into the adjoining dining room. From here, step out the patio door to the large deck, perfect for outdoor entertaining or relaxing in your spacious backyard.The lower level offers a large rec room with a cozy gas fireplace, perfect for relaxing or hosting guests. Also includes a 3-piece bathroom, bonus room, workshop area, utility room and sizable cold room providing ample storage space for all your hobbies and needs.This home comes complete with a full appliance package, a forced-air gas furnace, central air conditioning, and is roughed-in for central vacuum. Excellent location in a peaceful, highly desirable neighborhood with easy access to local amenities. It is the perfect blend of functionality, style, and value. A perfect place for you to call Home!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $5,158
- Land Transfer Tax Fee
- $8,975
Rental Items
- Rental Equipment
- Water heater ( Reliance) Water softener ( Culligan)
- Under Contract
- Hot Water Heater, Water Softener
- Basement Type
- Finished
Interior Features
- Laundry Level
- Main Level
- Interior Extras
- Air Exchanger, Primary Bedroom - Main Floor
- Fireplace/Stove
- Yes
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Detached
- Building Style
- Bungalow
Construction
- Exterior Finish
- Brick
- Roof
- Shingles
- Foundation Details
- Poured Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 80.00 ft
- Lot Depth
- 110.00 ft
Inclusions
- Inclusions
- Fridge, Stove, washer, dryer, dishwasher, microwave, pool table and accessories in the basement, garage door opener
Exclusions
- Exclusions
- Dog door in patio door
Parking & Garages
- Garage Type
- Attached
- Garage Spaces
- 1
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 2
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 3
- Washrooms
- 2
- Kitchens
- 1
- Family / bonus room
- Yes
Room sizes
- Kitchen—Main level
- Dining Room—Main level, Breakfast Bar, B/I Dishwasher
- Living Room—Main level
- Laundry—Main level, Access To Garage
- Foyer—Main level
- Bedroom—Main level, 4 Pc Ensuite
- Bedroom 2—Main level
- Bedroom 3—Main level
- Recreation—Basement level
Washrooms
- 4-piece, Main
- 3-piece, Basement
- Municipality
- Hanover
- Neighbourhood
- Hanover
- Main cross streets
- 12th ave and 1street south
- Directions
- From 2nd street turn north on 12th ave, turn right on 1st street south to property on left side
- MLS® number
- X12962328
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-06-09
- Listed on
- 2026-04-06
- Days on market
- 64 days
- Possession type
- 60-89 days
- Co-op commission
- 2%
- Seller
- Listed by
- Peak Edge Realty Ltd.
Home Market Value
Current home valuation for 397 1st Street S, Hanover, Hanover, ON. Listed for $625,000
HOMEH Estimate
$580,000
Estimated Sales Range
$458,200 - $701,800
HOMEH Estimate for 397 1st Street S, Hanover
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $125,000 over $500K
$37,500
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $23,500 | $17,438 | $14,875 | $0 |
=Total mortgage | $611,000 | $579,938 | $546,125 | $500,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,983monthly | $2,832monthly | $2,666monthly | $2,441monthly |
Land Transfer Tax
$8,975
$8,975
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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