Sold for:Sold Nov 20, 2024
$535,000

617 16th Avenue

Hanover, ON N4N 2Z9

Detached House SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 617 16th Avenue, Hanover

2024-09-12
2024-11-20
Sold
Price
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MLS#
x9346566

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 617 16th Avenue, Hanover

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!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$2,842
Land Transfer Tax Fee
$7,175

Rental Items

Rental Equipment
None

Basement Type
Full, Finished

Interior Features

Interior Extras
Water Heater Owned
Fireplace/Stove
Yes
Fireplace Features
Natural Gas
Elevator
No

Exterior Features

Pool
None
Other Structures
Garden Shed

Building

Building Type
Detached
Building Style
Bungalow-Raised
Approx Age
51-99

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Poured Concrete
Special Designation
Unknown

Lot

Lot Front
70.00 ft
Lot Depth
125.00 ft

Inclusions

Inclusions
Fridge X2, Stove X2, Washer X2, Dryer X2, Dishwasher.

Parking & Garages

Garage Type
None
Garage Spaces
6
Parking Spaces
6
Total Garage And Parking Spaces
6

Heating & Cooling

Heat Source
Gas
Heat Type
Other
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
2 + 2
Washrooms
2
Kitchens
2

Room sizes

  • Living Room—
    Main level
  • Dining Room—
    Main level
  • Kitchen—
    Main level
  • Primary Bedroom—
    Main level
  • Bedroom 2—
    Main level
  • Bathroom—
    Main level, 4 Pc Bath
  • Living Room—
    Basement level
  • Dining Room—
    Basement level
  • Kitchen—
    Basement level
  • Primary Bedroom—
    Basement level
  • Bedroom 2—
    Basement level
  • Bathroom—
    Basement level

Washrooms

  • 4-piece, Main
  • 4-piece

Municipality
Hanover
Neighbourhood
Hanover
Main cross streets
14th
Zoning
r3

MLS® number
X9346566
Data source
Toronto Regional Real Estate Board
Status change
2024-11-20
Listed on
2024-09-12
Days on market
69 days
Possession type
Flexible
Co-op commission
2%+HST
Seller
Listed by
KELLER WILLIAMS EDGE REALTY

Home Market Value

Current home valuation for 617 16th Avenue, Hanover, Hanover, ON. Listed for $535,000

HOMEH Estimate

?

$475,400

Estimated Sales Range

?

$423,954 - $526,846

HOMEH Estimate for 617 16th Avenue, Hanover

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$475,400Low confidence
Based on 15 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Hanover, ON
Minimum Down Payment Required:5.3%

5% on first $500K + 10% on $35,000 over $500K

Minimum down payment

$28,500

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$20,244$14,927$12,733$0
=Total mortgage
$526,354$496,427$467,483$428,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,570monthly$2,424monthly$2,282monthly$2,090monthly
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Land Transfer Tax

Provincial

$7,175

Total Land Transfer Tax

$7,175

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