247 12th Street, Hanover, ON
Property Highlights
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 $249,900 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 78 x 154 ft lot size
- equipped with no central cooling and highly efficient none heating
Description
Beside the Hanover Curling Club and just steps from the heart of downtown, this approximately 78ft x 154ft lot (0.27 Acres) offers a unique opportunity in a growing community where well-located land is becoming harder to find. Zoned C1 Downtown Commercial, the property allows for a wide range of potential uses, including... retail, professional offices, restaurants, fitness or recreational uses, childcare, clinics and more. The zoning also provides opportunities for residential development, including residential units incorporated with commercial uses or larger residential projects, subject to municipal requirements and approvals. Whether you're considering a mixed-use building, commercial space, housing or a completely different idea, this property invites some flexibility. With downtown amenities nearby and an established mix of residential, commercial and community uses surrounding it, the location makes sense for someone looking to build something with a long-term future in Hanover. Bring your plans, your architect and maybe a little imagination. The opportunity is here.
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Property Summary
This commercial retail located at 247 12th Street, Hanover is currently for sale and has been available on SousaSells for 34 days. This property is listed at $249,900 with an estimated mortgage of $832* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 247 12th 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.
- •Desirable Commercial Retail architecture in Hanover, Hanover
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
- No
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Frequently Asked Questions about 247 12th Street, Hanover, ON
Q.What is the asking price for 247 12th Street, Hanover, ON ?
The current listing price for 247 12th Street, Hanover, ON in Hanover, Hanover is $249,900.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and null bathrooms.
Q.What property type and architectural style is 247 12th Street, Hanover, ON ?
247 12th Street, Hanover, ON is a Commercial Retail () featuring a basement.
Q.What security features are installed at 247 12th Street, Hanover, ON ?
Security features include: No.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via No.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
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.
Pricing & Value Insights
Data-driven valuation for 247 12th Street, Hanover, ON N4N 1V2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Hanover, ON
For a property listed at $249,900 in Hanover, the legal minimum down payment is $12,495 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 $2,224 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 $2,224.
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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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