
Welcome to this remarkable commercial retail located in the coveted neighborhood of Hanover. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $699,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Looking for a large retail space? This building may be what you are looking for. Located on the Main street of Hanover this building has over 9000 square feet of floor space on two levels. The listing also includes adjacent vacant commercial lot , being Lot 1 W/S Elora St.Plan 700 Hanover S/T GS169650, Town of Hanover, County of Grey on 12th avenue. (Lot size is 85' x 132") assessed at $ 87.000 and also zoned C1. Inside you will find 5000 square feet on main level with open concept perfect for your ideas. Downstairs is over 4300 square feet of space for further retail or storage with seven foot ceilings. Recent upgrade include (3) FA gas furnaces within last (5) years and (2) ductless AC units. Property is current used as a Retail store. Zoning allows for many uses.
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This commercial retail located at 405 10th Street, Hanover is currently for sale and has been available on SousaSells for 135 days. This property is listed at $699,900 with an estimated mortgage of $2,330* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 405 10th Street, Hanover is in the Hanover neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Hanover, Hanover.
First-time home buyers, professionals, or investors seeking value.
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No historical data available for this property.
This could be the first listing for this address.
The current listing price for 405 10th Street, Hanover, ON in Hanover, Hanover is $699,900.
This property features null bedrooms and null bathrooms.
405 10th Street, Hanover, ON is a Commercial Retail () featuring a basement.
Security features include: No.
Heating is provided via standard central heat and cooling via Yes.
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Hanover, Hanover
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Data-driven valuation for 405 10th Street, Hanover, ON N4N 1P7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Hanover.
About Purchasing a Home in Hanover, ON
For a property listed at $699,900 in Hanover, the legal minimum down payment is $44,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $10,473 for this transaction. As this listing is in Hanover (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $10,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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