$485,000
587 11th Street, Hanover, ON N4N 1T4
1 Beds
1 Baths
5 Parking
Beautifully maintained bungalow situated on a private and meticulously manicured 60' x 145' lot! Don't let the modest exterior fool you-this home offers far more space than meets the eye thanks to a substantial rear addition completed in 2005. The impressive 25' x 15' living area features direct entry from the spacious carport, a convenient coat closet, and patio door walkout to the composite deck and expansive concrete patio with a pergola-perfect for entertaining or relaxing outdoors. The backyard offers exceptional privacy with mature cedar shrubs, two garden sheds, and plenty of room for gatherings, gardening, or family enjoyment. A double-wide concrete driveway and covered carport provide ample parking and convenience. This well-cared-for home has seen numerous updates over the past 6 years, including flooring, paint, furnace (2023), central air conditioning (2022), and a durable metal roof (2020). All newer appliances are included, making this a true move-in ready opportunity. Flexible layout options allow you to customize the home to suit your needs. The current walk-in closet was previously a bathroom and could easily be converted back to create an additional upstairs bedroom. There is also potential to relocate the laundry here from the basement for convenient main-level living.The finished basement adds even more functional space with a large rec room, storage areas, and utility room. Additional potential exists for another bedroom and bathroom, with a shower rough-in already located in the utility space. A fantastic opportunity to own a thoughtfully updated home with space, privacy, and endless potential!

Property Summary

Property Type Residential Freehold
Property Sub Type Detached
Transaction Type For Sale
Style Bungalow
Approximate Age 51-99
Bedrooms Above Grade 1
Bathrooms 1
Kitchens 1
Basement Full, Finished
Exposure South
Possession Mid September Preferred

Building

Building Type Detached
Square Footage 1100-1500
Exterior Aluminum Siding
Foundation Concrete Block
Roof Metal
Heating Forced Air
Heat Source Gas
Cooling Central Air
Fireplace No

Measurements

Lot Size 60.17 x 145.97
Lot Size Units Feet
Frontage 60.17
Depth 145.97
Total Living Area 1100-1500

Land

Address 587 11th Street, Hanover, ON N4N 1T4
City Hanover
Community Hanover
County / Area Grey County
Cross Street 17th Avenue
Sewer Sewer
Pool None
Parcel Number 372020052

Parking and Garage

Total Parking 5
Garage Spaces 1
Garage Type Carport
Parking Features Private Double

Taxes and Listing Info

List Price $485,000
Annual Taxes $2,996
Tax Year 2025
Status Active
Listing Date 2026-05-14T15:12:03Z
Updated 2026-05-23T00:11:44Z
MLS Number X13127880
Local Market Insight

What Buyers Should Know About 587 11th Street, Hanover, ON N4N 1T4

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

587 11th Street, Hanover, ON N4N 1T4 is positioned in Hanover, a part of Hanover where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a Bungalow, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Detached should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to 17th Avenue, public transit options, parking availability, and drive times to employment areas. A property with 5 parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $485,000, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows 1 bedrooms, 1 bathrooms, basement details marked as Full, Finished, and a lot size of 60.17 x 145.97, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Hanover, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around Hanover. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 587 11th Street, Hanover, ON N4N 1T4, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.