274 10TH STREET, Hanover

$769,999

For sale: Other

Other at 274 10TH STREET, Hanover
Property type
Commercial Retail
MLS®
MLS® X13240428
Neighbourhood
Hanover

Opportunity knocks! A stand out iconic building with C1 zoning could be your next treasure chest. This eye catching property centrally located on the main street of Hanover steeped in local history, has been a local hub to the community for decades. This family restaurant can accommodate 130 seats. Fully operational kitchen, with 2 upper rental units above, offers potential rental income. A must see for the restaurant owner looking to make their mark with residence above or a savvy investment for the entrepreneur in you.

Sold data

Homes in Hanover — recent sold market

Homes in Hanover took a median of 44 days to sell over the last 90 days, with the quickest quarter selling within 29 days and the slowest quarter taking more than 118, across 35 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 77 days.

The median sale price was $439,000.

Homes sold for about 3.2% below asking on average, so there was room to negotiate.

About 6% of sales closed above the list price.

Around 43% of sellers reduced their price before finding a buyer.

Median days to sell
44
Median sale price
$439,000
Sale-to-list ratio
96.8%
Sold above asking
6%

Based on 35 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Hanover

Hanover has 4 Fraser Institute–rated schools (3 elementary and 1 secondary), averaging 5.9/10.

Rated schools
4
Elementary
3
Secondary
1
Average rating
5.9 / 10

Top-rated schools in Hanover

  • Dawnview — elementaryFraser rating 6.7/10
  • Holy Family — elementaryFraser rating 6.2/10
  • John Diefenbaker — secondaryFraser rating 6.0/10
  • Hanover Heights — elementaryFraser rating 4.7/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 274 10TH STREET