540 10th Avenue
Hanover, ON
8 bed • 4 bath • approx. 3000-3500 sqft • Detached • 134 days on market
Where History Meets Opportunity! Are you a couple dreaming of earning an excellent income from your own established short-term accommodations business while enjoying the charm of small-town living? This remarkable Hanover property offers the best of both worlds. Built in 1906 as a church parsonage, this distinguished home carries more than a century of history while embracing todays versatility. With over 3,300 sq. ft. above grade, the residence provides abundant space for family life, business, or both. Currently operating successfully as a Guest House, the property benefits from C1 zoning, allowing a wide range of uses such as retail, professional office, wellness clinic, or personal services. Inside, you'll find 8 bedrooms, 2 kitchens, and a bathroom on each of the four fully finished floors perfect for multi-generational living, income opportunities, or hosting guests. The sunlit deck is ideal for morning coffees and evening reflections, while the enclosed front porch doubles as a welcoming storefront or retail space. A double-car detached garage with attached workshop adds practicality for hobbies or business needs. Step outside and you're immersed in Hanover's small-town spirit. Walk to downtown shops, local restaurants, and cultural attractions like the Civic Theater, The Giddy Goblin, and Playtime Casino, all just a short stroll away. The community's warmth, paired with ample on-site parking, makes this property as functional as it is inviting. This is more than a home, its a canvas for your vision. Whether you're seeking a character-filled family residence, a thriving business venture, or a seamless blend of both, 540 10th Avenue adapts to your aspirations. Seize the opportunity to write the next chapter in this homes storied legacy. Floor plans attached.
Listing Details
- Taxes (2025)
- $5,717
- Listed
- April 14, 2026
Price History
Listing history
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Property
- Style
- 3-Storey
- Age
- 100+
- Construction
- Aluminum Siding, Brick
- Roof
- Asphalt Shingle
- Foundation
- Poured Concrete
- Interior
- Accessory Apartment, Guest Accommodations, In-Law Capability, Water Heater Owned, Water Softener
- Lot Size
- 66 x 165 Feet
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Bruce Rd & 10th St
- Parcel Number
- 372040151
- Possession
- Flexible
Commercial
- Occupancy
- Owner
Included
- Inclusions
- Stove x 2; Fridge x 4; microwave x 2; Washer and Dryer; Dishwasher; Freezer; Water Softener; Hot Water Heater; All Window Coverings; All Electrical Light Fixtures; Furnishings negotiable, Dishwasher, Dryer, Freezer, Garage Door Opener, Hot Tub (as is),
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
- Holy Family Separate School0.7 km
Catholic · Bruce-Grey CDSB · 345 students
Grade 3 reading: 87% met the provincial standard · Grade 6 math: 44% met the provincial standard
- Dawnview Public School1.1 km
Public · Bluewater DSB · 195 students
Grade 3 reading: 92% met the provincial standard · Grade 6 math: 28% met the provincial standard
Secondary
- John Diefenbaker Senior School1.4 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
Residential Freehold 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 residential freehold properties in Hanover over the last 12 months.
Rooms
3-piece on Third, 4-piece on Second, 3-piece on Main, 4-piece on Basement
Third
- Bedroom18'2" x 13'1"
- Primary Bedroom22'9" x 13'9"
Second
- Bedroom15'11" x 8'11"
- Bedroom13'3" x 13'5"
- Bedroom13'5" x 9'6"
- Bedroom11'4" x 12'2"
- Den14'8" x 8'8"
Main
- Den12'7" x 8'11"
- Kitchen18'9" x 18'1"
- Living Room29'9" x 13'5"
- Office19'10" x 7'9"
- Sitting21'5" x 9'8"
Basement
- Bedroom
- Bedroom12' x 8'6"
Listed by
Town Or Country Real Estate (Halton) Ltd., Brokerage
Location
Mortgage Calculator
$119,980
Estimated Monthly Payment
$2,947
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,947/mo (20% down, 5.5%)
Taxes: $476/mo · Insurance: $150/mo
Estimates only. Consult a financial advisor.
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