561 17TH Avenue
Hanover, Ontario
4 bed • 2 bath • Single Family
An exceptional investment opportunity or ideal multi generational living solution, this fully renovated legal duplex offers strong income potential and worry free ownership. With separately metered utilities, a durable steel roof, and newer windows installed approximately three years ago, this property is truly move in ready. The main floor features a bright and spacious 2 bedroom layout with an updated kitchen and full bathroom. The lower level offers a completely self contained 2 bedroom unit with its own full kitchen, bathroom, and large windows that fill the space with natural light, creating a welcoming atmosphere that feels far from a typical basement apartment. Whether you're looking to grow your investment portfolio or offset your mortgage with rental income, this property provides flexibility and long term value. Outside, you'll find parking for up to 4 vehicles, offering convenience for tenants and guests alike. Pride of ownership is evident throughout, with thoughtful updates and meticulous maintenance completed over the years. Located in a desirable Hanover neighbourhood, you'll enjoy easy access to shopping, restaurants, schools, parks, recreation facilities, and everyday amenities. Everything you need is just minutes away. A rare opportunity to own a well cared for legal duplex in a convenient location. Whether you're an investor seeking reliable returns or a homeowner looking for a mortgage helper, this property offers versatility, income potential, and lasting value.
Price History
Schools
Elementary
- Hanover Heights Community School0.4 km
Public · Bluewater DSB · 395 students
Grade 3 reading: 65% met the provincial standard · Grade 6 math: 36% met the provincial standard
- John Diefenbaker Senior School1.1 km
Public · Bluewater DSB · 145 students
- Holy Family Separate School1.1 km
Catholic · Bruce-Grey CDSB · 345 students
Grade 3 reading: 87% met the provincial standard · Grade 6 math: 44% met the provincial standard
Secondary
- John Diefenbaker Senior School1.1 km
Public · Bluewater DSB · 625 students
Grade 10 literacy: 79% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N4N
- Population
- 10,341
- Private dwellings
- 4,849
- Median age
- 49.6
- Average household size
- 2.3
- Median household income
- $73,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Hanover · last 12 months
- Median sold price
- $516,000
- Homes sold
- 116
- Median days on market
- 43
- Sale-to-list price
- 96.8%
Based on 116 recorded sales of single family properties in Hanover over the last 12 months.
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Mortgage Calculator
$121,800
Estimated Monthly Payment
$2,992
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,992/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $152/mo
Estimates only. Consult a financial advisor.
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