397 3rd St S is a 3-bedroom, 3-bathroom detached home in Hanover, listed for $789,000. It has 1500-2000 sq ft of living space.
1The bright, open concept main floor brings the kitchen and living room together, with quartz countertops and a large island for family meals or entertaining.
2Natural light pours in, making it a space you'll love coming home to.
3The primary has a walk-in closet, a 3 piece ensuite and a walk-out to the covered back porch.
Welcome to 397 3rd St S, Hanover! Built in 2017, this 3 bedroom, 3 bathroom bungalow offers 1,703 sq ft of comfortable living. The bright, open concept main floor brings the kitchen and living room together, with quartz countertops and a large island for family meals or entertaining. Natural light pours in, making it a space you'll love coming home to. Two large bedrooms are on the main level. The primary has a walk-in closet, a 3 piece ensuite and a walk-out to the covered back porch. Downstairs, in-floor heat keeps things warm and cozy all winter. There's a 3rd bedroom plus room for a 4th, so there's space for family, guests or a home office. Thoughtful touches include three large closets with lights that turn on when the doors open, and central vac for easy cleaning. Outside, enjoy a fenced backyard with an in-ground sprinkler system to keep the lawn looking its best. The covered porch is the perfect spot for morning coffee or a quiet rainy evening. Whether you're buying your first home, up sizing or relocating to Grey Bruce, this one checks all the boxes. Call your REALTOR today to book your showing!
3 bedrooms, 3 bathrooms, about 1,500 sq ft, works out to roughly $526 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 397 3rd St S
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
1500-2000 sq ftas stated on the listing
Parking
6 spacesYes garage
Basement
Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
6
Interior
Basement
Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
397 3rd St S Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14098582$789,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 397 3rd St S Compares to the Hanover Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,876
/mo
based on the purchase price of $789,000
$157,800 cash
$631,200 financed
$531,636 total interest
Principal54%$631,200
Interest46%$531,636
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Hanover
Other 2–5 bed homes for sale in Hanover around $789K.
Average days on market80Homes sold in about 80 days on average.
Sale-to-list ratio96.5%On average, homes sold below asking.
Active listings62Homes for sale here right now.
Median vs prior 90 days−8.3%Compared with Apr 24 – Jul 23, 2026: prices down.
Based on 47 sales from Jul 23 – Oct 21, 2026 (31 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 397 3rd St S
How much is 397 3rd St S listed for?
397 3rd St S is listed at $789,000 (MLS® X14098582). Summitly updates the price as soon as the MLS® record changes.
Is $789,000 a good price for 397 3rd St S?
Summitly rates it Above Market: the asking price is 5% to 15% above Zara's estimate, an estimate built from recent sales in Hanover. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 397 3rd St S changed?
No — 397 3rd St S is still listed at its original asking price of $789,000.
How many bedrooms and bathrooms does 397 3rd St S have?
397 3rd St S has 3 bedrooms and 3 bathrooms, with about 1,500–2,000 square feet of living space. It is a detached home in Hanover.
How much would the monthly mortgage be on 397 3rd St S?
About $3,876 a month — principal and interest on $789,000 with 20% down ($157,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 397 3rd St S compare with other homes in Hanover?
Its asking price of $789,000 is about 77% above the median sold price in Hanover over the last 90 days, $444,900, across 47 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 397 3rd St S been sold before?
Summitly has no earlier MLS® sale or lease of 397 3rd St S on record from the last two years. Older records aren't shown under TRREB rules.
Where is 397 3rd St S?
397 3rd St S is in Hanover, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 397 3rd St S been on the market?
1 day — 397 3rd St S was listed on October 20, 2026.
What is the price per square foot of 397 3rd St S?
About $395 to $526 per square foot: the asking price of $789,000 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 397 3rd St S have parking or a garage?
Yes — the listing gives 6 parking spaces. Garage: Yes.
Does 397 3rd St S have a basement, and is it finished?
