$2,499,000

For sale

401345 Grey Road 4, Hanover - Vacant Land for Sale

401345 Grey Road 4, Hanover, Ontario, N4N3B8

1,750 ft²Listed 36 days ago

Overview

This lot in Hanover is for sale offering roughly 1,750 sq ft of space. It has been on the market 36 days, fresher than the Hanover average of 116 days.

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Description

An exceptional opportunity awaits with this expansive ~230+-acre parcel, ideally located on the edge of Hanover with Saugeen River frontage. Once known as Bucks Crossing and home to a local golf course, this remarkable property is now ready for its next chapter. Offering a diverse mix of open fields, natural landscapes, and mature tree coverage, the land presents limitless possibilities whether for agricultural use, recreational ventures, commercial purposes, or long-term investment with potential future development. Adding to its appeal, the property includes a former 1,750 sq. ft. clubhouse as well as a versatile 56' x 26' steel building, suitable for a wide range of commercial or storage needs. Property is selling "As Is, Where Is." Opportunities of this scale, character, and location are increasingly rare. Don't miss the chance to secure a truly extraordinary piece of West Grey with unmatched potential. (id:66096)

Property Details

MLS®: X13838152
Property Type: Vacant Land
Zoning: H-14, OS-15 & OS, NE
Interior Size: 1,750 ft²
Property Tax: $9,244.41/yr
Listed: 36 days ago

Features

Lot Features: Irregular lot size

Services

Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

36d

Hanover listings, avg age

116d

Price / ft²

$1,428

List price

$2.50M

Homes here sell slower than most markets

Sold homes in this market spent an average of 73 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This vacant land in Hanover has been listed for 36 days, which is 80 days fresher than the city average of 116. Act while there is still low competition.

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Listed by Century 21 Millennium Inc. · SUSAN MOFFAT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N4N)

This home lists at $2,499,000, about 34.2× the local median household income of $73,000.

Carrying it typically needs a household income of about $488,142 (20% down, 25-yr amortization, stress-tested) — roughly 569% above the area median.

Median household income: $73,000
Population: 10,341
Median age: 49.6
Owner / renter: 70% / 30%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N4N)

$2,499,000· $1,428/ft²

For sale

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