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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
1-333-345-6868info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 25 days

    563 7th Avenue

    Hanover·Hanover, ON·N4N 2J8·Near 7th Ave / 13th Street

    • 3 beds
    Hanover real estate›X13168418
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Stunningly renovated century home, close to downtown Hanover. This 3-Bed, 2.5-Bath home impresses with a complete overhaul. The bright and airy main level features a spacious kitchen with gorgeous quartz countertops, a dining area, a living room, and a large family room with an electric fireplace. Further, there is a handy mudroom with custom cubbies, and a 2-piece bathroom. The upper level hosts the large primary bedroom with a walk-in closet and a 3-piece ensuite. 2 further bedrooms, a 4-piece bath and a convenient laundry area with laundry tub. Over the last year, the home was completely gutted, the back additions replaced and expanded, spray foam insulation added, and the interior and exterior surfaces have been updated. All wiring and plumbing have been addressed, and a new heat pump was added to the existing natural gas furnace. Outside, a stylish privacy fence was erected, the front porch resurfaced, and a 2-car paved parking area, as well as some landscaping, was added. Nothing left to do - just move right into this efficient and well-designed home.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    May 25, 2026ListedCurrentFor sale$559,900 —X13168418This page
    Feb 27, 2026Previously listedTer$559,999 —X12827188View
    Mar 12, 2025SoldSold$210,000−$59,000 (21.9%)X11823091View
    Nov 28, 2024Previously listedSld$269,000 —X11823091View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      5
      Heating
      Forced Air
      Air conditioning
      Central Air
      Fireplaces
      1
      Water source
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 563 7th Avenue
    What's nearby

    Points of interest classified by the MLS® feed.

    • Hospital
    • Library
    • Park
    • Level
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $2,751
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $164
    0.35% mill rate · ON
    The market

    How this home sits in the Hanover market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Hanover market right now

    Average sold price, days on market, and closed-transaction count for Hanover — sourced from MLS®.

    • Avg sold price
      $485,953
      Last 30 days
    • Median sold price
      $477,500
      Middle of the market
    • Days on market
      68 d
      Avg from list to close
    • Closed last 30d
      32
      MLS® transactions
    Full Hanover market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 563 7th Avenue — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 563 7th Avenue and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 563 7th Avenue listed for?

      563 7th Avenue is listed at $559,900 on the MLS® (listing X13168418). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 563 7th Avenue have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. 3 baths
  2. 1500-2000 sqft
  3. Detached
  4. Built 100+
  5. Asking
    $559,900
    $0 / sqft · MLS® X13168418
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $485,953
    $447,077Confidence range$524,829
    Asking vs estimate
    ↑↑well-above
    +$73,947
    (+15.2%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 3 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Hanover sell in about 68 days — this one has been listed 25 days.

    Avg sold price
    $485,953
    Median sold
    $477,500
    Avg days on market
    68
    Recently sold
    32
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    Stunningly renovated century home, close to downtown Hanover.
  7. The bright and airy main level features a spacious kitchen with gorgeous quartz countertops, a dining area, a living room, and a large family room with an electric fireplace.
  8. The upper level hosts the large primary bedroom with a walk-in closet and a 3-piece ensuite. 2 further bedrooms, a 4-piece bath and a convenient laundry area with laundry tub.
  9. Outside, a stylish privacy fence was erected, the front porch resurfaced, and a 2-car paved parking area, as well as some landscaping, was added.
  10. Ask Zara a follow-up
    Municipal
    Sewer
    Sewer
  11. Parking & garage

    3
    Garage
    None
    Parking spaces
    2
    Driveway
    Private Double
  12. Interior

    7
    Basement
    Crawl Space, Partial Basement
    Family room
    Y
    Kitchens
    1
    Total rooms
    12
    Laundry level
    Upper Level
    Elevator
    N
    Accessibility
    N
  13. Exterior & construction

    4
    Exterior
    Vinyl Siding
    Roof
    Asphalt Shingle
    Foundation
    Stone, Poured Concrete
    Pool
    None
  14. Lot & land

    2
    Year built
    100+
    Zoning
    R1A
  15. Listing & possession

    4
    Possession
    2026-06-12T00:00:00.000-00:00
    Occupancy
    negotiable - quick closing possible
    Property style
    1 1/2 Storey
    Property class
    Detached
  16. Room-by-room · 12 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    6 rooms
    • Dining Room
      10.7 × 7.4 ft
    • Bathroom
      2 Pc Bath
      6.5 × 4.9 ft
    • Living Room
      7.9 × 20.4 ft
    • Kitchen
      10.7 × 11.3 ft
    • Family Room
      16.0 × 14.8 ft
    • Mud Room
      9.5 × 6.5 ft

    Second level

    6 rooms
    • Bathroom
      3 Pc Ensuite
      8.0 × 8.4 ft
    • Bedroom 2
      11.3 × 8.5 ft
    • Laundry
      7.9 × 8.1 ft
    • Primary Bedroom
      14.6 × 14.8 ft
    • Bathroom
      4 Pc Bath
      5.0 × 9.9 ft
    • Bedroom 3
      14.8 × 8.1 ft
  17. Rec./Commun.Centre
  18. School
  19. Combined estimate
    $2,915
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $2,751
    /mo
    based on the purchase price of $559,900
    $111,980 cash
    $447,920 financed
    $377,266 total interest
    Monthly payment$2,751/ month
    Principal54%$447,920
    Interest46%$377,266

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable detacheds that just sold in Hanover

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 500 6th Street
      Sold
      Sign in for price
      500 6th Street
      Detached
    • 580 11th Avenue
      Sold
      Sign in for price
      580 11th Avenue
      Detached
    • 397 1st Street
      Sold
      Sign in for price
      397 1st Street
      Detached
    • 310 9th Street
      Sold
      Sign in for price
      310 9th Street
      Detached
    • 241 17th Avenue
      Sold
      Sign in for price
      241 17th Avenue
      Detached
    • 29 2nd Street Crescent
      Sold
      Sign in for price
      29 2nd Street Crescent
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    563 7th AvenueThis home3 / 315,002,000$559,900ask———
    500 6th Street2 / 2700—
    580 11th Avenue3 / 21,100—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Hanover

    Active listings within ±20% of this asking price.

    • 503 10th Avenue
      $549,900
      503 10th Avenue
      Detached 3 2
    • 541 18th Avenue
      $464,900
      541 18th Avenue
      Detached 3 2
    • 561 17th Avenue
      $609,000
      561 17th Avenue
      Detached 2 2
    • 551 15th Avenue
      $449,900
      551 15th Avenue
      Detached 3 2
    • 595 9th Street
      $459,900
      595 9th Street
      Detached 3 2
    • 471 9TH Street
      $599,000
      471 9TH Street
      Detached 3 4
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  20. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  21. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  22. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  23. Public listing courtesy of Royal LePage RCR Realty · displayed on Summitly per MLS® data-share rules

    563 7th Avenue is a 3-bedroom, 3-bath, 1500-2000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  24. When was 563 7th Avenue built?

    563 7th Avenue was built in 100+. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  25. What is the property tax for 563 7th Avenue?

    The 'Property tax' tab in the History section shows the most recent annual tax for 563 7th Avenue plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  26. How much would the monthly mortgage be on 563 7th Avenue?

    The affordability calculator on this page shows an estimated monthly mortgage for $559,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  27. Has 563 7th Avenue been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 563 7th Avenue with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  28. What neighbourhood is 563 7th Avenue in?

    563 7th Avenue is in Hanover, Hanover. The 'Neighbourhood' section below links to the live Hanover real estate hub with average sold price, days on market, and current inventory.

  29. Is Hanover a good place to live?

    Hanover is one of ON's actively-tracked Summitly markets. The full Hanover real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  30. 397 1st Street
    3 / 2
    1,100
    —
    310 9th Street3 / 2700—
    241 17th Avenue3 / 21,100—
    29 2nd Street Crescent3 / 21,100—